Unitech is a buy: Ashish Kapur, Invest Shoppe India Ltd
Unitech is going to separately list their infrastructure arm which will be a great value unlocking
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| Ashish Kapur, CEO, Invest Shoppe India Ltd, in a chat with ET Now talks about his recommendations.
What is your take on realty?
The other one is realty. If you are talking about consumption boom and economy doing very well, real estate prices anyway are doing very well, then going ahead, off take of real estate projects should take off very well. Amongst the biggies, Unitech looks very good at Rs 80-81 because company is restructuring. They are going to separately list their infrastructure arm which will be a great value unlocking. Also, when they are more focussed on affordable housing segment, the off take in their projects is pretty strong now. So at Rs 80-81 we have a target of 105 and represents a pretty good upside from these levels.
What is your take on realty?
The other one is realty. If you are talking about consumption boom and economy doing very well, real estate prices anyway are doing very well, then going ahead, off take of real estate projects should take off very well. Amongst the biggies, Unitech looks very good at Rs 80-81 because company is restructuring. They are going to separately list their infrastructure arm which will be a great value unlocking. Also, when they are more focussed on affordable housing segment, the off take in their projects is pretty strong now. So at Rs 80-81 we have a target of 105 and represents a pretty good upside from these levels.
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