Unity Infra could give a decent upside: Hemang Jani, Sharekhan

Hemang Jani, Senior Vice President, Sharekhan, in a chat with ET Now talks about Unity Infra.

What is your view on Unity Infraprojects?

As far as Unity Infra is concerned, we think that the capex theme is playing out extremely well and some of the smaller construction companies which are diversifying into areas like Road transport, water and other areas would report very strong growth of about 25% to 27%. The company is available at about 7.5-8 times price to earning. So we think that Unity Infra could also give a decent upside from current levels.