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Q.

I have unitech 2000 @ 60/share.what is it near future trend.should i hold it or sell it.what will be theq3 results..will it go up or down

About: Company: Unitech Ltd.

Asked by kishor kumar, 28 Jan '09 04:44 pm
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Answers (7)

1.

Hold it for some time, as of now there's no use selling it at loss.
Answered by abhinav prakash verma, 28 Jan '09 04:51 pm

 
  
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2.

Will go UP
Answered by luv kapoor, 28 Jan '09 05:03 pm

 
  
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3.

Will go up for next few days.
Answered by Rajneesh, 28 Jan '09 05:40 pm

 
  
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4.

If anyone cares to check my msgs till date, on this UNITECH, I have consistently warned of lower and lower prices, especially because, we have still not seen the light after the negative news till date. This scrip may hit Rs.13(forgive me, if you can't digest this). So, be clearly informed, which way the tide is turning. Mail back at rc_stocks@rediffmail.com for details.
Answered by Ramesh Chordia, 28 Jan '09 07:28 pm

 
  
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5.

It will decide on Q3 results on 31st jan 2009
Answered by suresh khajjannavar, 28 Jan '09 06:41 pm

 
  
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6.

Unitech is said to be the 2nd largest real estate developer in India (after DLF ). Their quarterly result for Dec'08 is not yet found either in the NSE site or their own site. Their half yearly results for September were good but things have sharply changed for the worse since then. Realty prices have crashed the world over and India has been no exception. Several massive building projects (SEZs, commercial and residential) are stuck in different stages owing to lack of takers. Unitech found difficulty in arranging financial closure of several of their projects as well as their venture into the telecom sector. It is therefore feared that their results for Dec'08 and the coming few quarters cannot be good. The scrip may take a pretty long time to climb back to Rs.60 or above. But I have some fascination for this scrip and will say that selling your current holdings (costing Rs.60 per share) away at its current price may not be advisable. Hold on to the shares. Meanwhile, there is ...more
Answered by sunilmssunilms, 28 Jan '09 06:15 pm

 
  
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7.

Prospects are not very good u may cosider exiting on rallies
Answered by RSehgal, 28 Jan '09 05:41 pm

 
  
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