News: Unitech Ltd (UNTE.BO)

UNTE.BO on Bombay Stock Exchange

26.45INR
25 Jul 2014
Price Change (% chg)

Rs-1.05 (-3.82%)
Prev Close
Rs27.50
Open
Rs27.50
Day's High
Rs27.80
Day's Low
Rs25.20
Volume
7,302,213
Avg. Vol
10,734,494
52-wk High
Rs38.60
52-wk Low
Rs10.86

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Thu, Jun 26 2014

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Factbox - Investors ready $1 billion war chest for office assets in India

NEW DELHI - Foreign private equity funds and pension funds are among investors that over the last 12 months have committed to invest more than $1 billion to buy or build commercial property in India as the government works to finalise rules governing real estate investment trusts (REITs).

Unitech falls on wider-than-expected quarterly loss

Reuters Market Eye - Unitech Ltd shares fall as much as 4.8 percent after posting a wider-than-expected 515.5-million-rupee($8.76 million) loss in the January-March quarter.

MARKET EYE-India's Unitech falls on wider-than-expected quarterly loss

* Shares in India's Unitech Ltd fall as much as 4.8 percent after posting a wider-than-expected 515.5-million-rupee($8.76 million) loss in the January-March quarter. * Unitech shares have more than doubled since the end of February on expectations policy reforms from the new Modi government would lead to a rally in the sector. * "As the stock has ran up sharply, we advice clients to encash existing positions," said an analyst with a domestic brokerage. * Shares in Unitech were down 4.3 percen

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