News: Unitech Ltd (UNTE.BO)

UNTE.BO on Bombay Stock Exchange

20.65INR
28 Feb 2015
Change (% chg)

Rs-0.95 (-4.40%)
Prev Close
Rs21.60
Open
Rs22.00
Day's High
Rs22.75
Day's Low
Rs19.55
Volume
27,333,580
Avg. Vol
7,608,910
52-wk High
Rs38.60
52-wk Low
Rs10.86

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Mon, Feb 16 2015

BUZZ-Traders bet on extended rally in Unitech via call options

** Shares heading towards their biggest daily gain since last September

Real-estate, construction shares up after govt relaxes FDI rules

Reuters Market Eye - Unitech up 2.2 percent, DLF gains 3.3 percent while Sobha Developers advances 5.9 percent.

MARKET EYE -Indian real-estate, construction shares up after govt relaxes FDI rules

* Unitech up 0.8 percent, DLF gains 0.9 percent while Sobha Developers advances 2.7 percent. * Hindustan Construction Company gains 2.7 percent while NCC is up 1.1 percent. * India relaxes rules for foreign investment in construction. * Move seen providing funding to companies to cut debt, fast track projects. (abhishek.vishnoi@thomsonreuters.com / abhishek.vishnoi.thomsonreuters.com@reuters.net)

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