Q.
What about unitech and moser baer?
08 May '09 11:14 pm
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Answers (3)
1.
In my personal opinion stay awaw from this stock and even from this sector.
Unitech is more of a housing play, which is not a favorable sector right
now. If you look at their balance sheet they have 8000 Crore debt while
their revenue is merely 3750 Crore. They are in same business as DLF but
DLF has 8000 Crore of debt with revenue of 13500 Crore. In terms of
valuation they are close to DLF. Even stock price look small but they are
overprices. Based on current trend their yearly revenue is going to be
half from current. They have 300-400 Crore annual profit. If things does
not turn around they might be in deep red. Also their properties are in
high price range, which is affected most. Their exposure to infrastructure ...more
Answered by subodh joshi, 09 May '09 05:33 pm
Unitech is more of a housing play, which is not a favorable sector right
now. If you look at their balance sheet they have 8000 Crore debt while
their revenue is merely 3750 Crore. They are in same business as DLF but
DLF has 8000 Crore of debt with revenue of 13500 Crore. In terms of
valuation they are close to DLF. Even stock price look small but they are
overprices. Based on current trend their yearly revenue is going to be
half from current. They have 300-400 Crore annual profit. If things does
not turn around they might be in deep red. Also their properties are in
high price range, which is affected most. Their exposure to infrastructure ...more
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