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Q.

Unitech may break Rs 20 level from the current side, says Kamlesh Kotak, Vice President - Research Asian Markets Securities Private Limited.

Kotak told CNBC-TV18, "Unitech is making risk pattern, technically mired by the weak outlook for the real-estate business. Company is heavily burdened by that in the rising interest scenario. Its telecom joint-venture also is facing headwinds in terms of 2G related scam probes. So we see the stock is breaking to a level of Rs 20 from the current side."

About: Unitech Ltd.

Tags: break, money, careers
Asked by ashok kumar, 21 Jun '11 02:53 pm
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Answers (5)

1.

Hi
there is no chance of unitech to break 22rs level..that level which supported 4 months in 2008 crash......information is the factor of investments.....unitech 2nd largest real estate company in india at 25 to 30 rupees is not bad to buy..when they unlock their land banks and added in accounts..then u will see agreat valuation....buy at 25 to 30 and hold for 3 to 9 month frame..50rs will come soon..

ALL THE BEST FOR YOUR INVESTMENTS.
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Answered by vishal yadav, 21 Jun '11 09:03 pm

 
  
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2.

Yes
Answered by anil garg, 04 Apr '12 12:39 am

 
  
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3.

High risk - high rewrd. right time to invest is today when unitech is availbale at throwaway price. Previous data show that it rises every time from its poor valuation. let the market rise it will outperform DLF n other realty shares.
Answered by Mahendra Kumar, 21 Nov '11 10:13 am

 
  
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4.

I agree with SriniVenkat.. Investing in Infra stocks is quite risky these days. First DLF and then some other infra company has posted bad results. So yes, there are certainly some better options available in the market. For more authenticate answer of this query, you can kindly visit www.moneysukh.com. Experts there will help you in a much better way.
Answered by abhishek gupta, 27 Jun '11 11:19 am

 
  
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5.

Just keep away fm Infrastructure stock for the next 12 months minimum
There are BETTER options as on today
Answered by SriniVenkat, 21 Jun '11 02:56 pm

 
  
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