Not sure about the fundamentals but strictly from the monthly charts perspective, in the near-term there is an uptrend in terms of making higher lows and higher highs. Even if you take 2016 and 2017, the Feb 2016 low and the demonetisation low, there is a clear case of higher low, so the stock may be bottoming out. Going the popular media opinion of real-estate all set to boom again because of REITs and reforms and interest rates and surplus funds with banks etc., there is a positive momentum which just might lead to a multi-year breakout. Just my two cents.
Disc. Not invested.