📊 ELSH: Land Bank Value vs Margin Pressure 🏛️ 🏛️ Fundamentals: 📈 Strengths and Catalysts: Substantial land bank reserves in NAC and 6th of October offer high NAV expansion. 📈 Upcoming land auctions in Q4 2026 and Q1 2027 should unlock immediate cash inflows. 💵 ⚠️ Weaknesses and Risks: Inventory turnover lags sector averages, locking up working capital.
ELSH: Land Bank Value vs Margin Pressure
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October 10, 2026
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