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Unitech shares rise

December 7, 2010

Shares in Unitech, one of India’s top listed realty firm, gained 5 percent on Tuesday even as other stocks in the realty index ended weak.

The BSE Realty index ended down nearly 1 percent, with stocks like Indiabulls Real Estate and DB Realty ending down around 5 percent.

Top listed realty firm DLF slipped nearly 3 percent.

Would you buy shares like Unitech at this stage?


Unitech is a strong player in real estate industry.It is underpriced and should form a part of investor’s portfolio.

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