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UNITECH NEWS
Niira Radia's tapes: Fresh application in SC for further probeAn application has been filed in the apex court urging it to take on record reports of SFIO which after examining Radia's tapped conversati...
- Unitech cracks 20% on 2G controversy; Realty index tanks
Unitech took a big knock on account of negative news. The stock may find some support around Rs 28 levels.
Unitech tanks 20% as fresh reports surface against Sanjay Chandra in 2G scamUnitech slipped 20% as CBI registered a Preliminary Enquiry to verify allegations that a public prosecutor was in touch with Sanjay Chandra.
- Avoid getting into Unitech: Rajat Bose
"As of now because it may take quite a bit of consolidation around current levels before you see any sustainable uptrend."
- Unitech is not a great stock to pick up at this level: Sandeep Wagle, APTART Technical Advisory Services
I do not think Unitech is one of the strongest stocks in this space. I do not see that strength in Unitech.
- Buy Infosys, avoid Unitech and wait for Suzlon: Ashwani Gujral
Unitech 45 is a resistance now. With all these news flow, I do not think this is a great stock to trade.
- 2G scam-hit telecom stocks may face heat
A section of brokers, however, felt that the development would not have an major impact on the stocks.
- Unitech will not see much upside: CK Narayan
"Clarification or otherwise, the stock will not really see too much of an upside because there will still be a lot of sceptics all over the...
- Investors nervous about Unitech : Deepak Mohoni
Once the news flow stops and it is business as usual, then the stock should bottom out eventually depending on the market.
- Avoid buying DB Realty: Rajat Bose
"DB Realty looks pretty weak and discovering value. What happens is that when market comes bearish you discover value."
- Unitech may see more downside: Deepak Mohoni
"The news has probably been absorbed unless more and more development starts tumbling out but otherwise real estate is not doing very well."
- Avoid Unitech: Param Desai, Angel Broking
Unless there is more clarity on the telecom issue, the Unitech will hover around the current level.
- The target now is 365 to 376 on Bharti: Ashuu Kakkarr
At this point of time or even in the last week when we had our discussion, I was positive on Bharti. The target now is 365 to 376 whereby s...
- Don't go long on Unitech: Rohit Shinde
Rohit Shinde, Independent Analyst in an interview with ET Now talks about Unitech.
- Stay away from Unitech: Ashuu Kakkarr
Ashuu Kakkarr, Technical Analyst, Market Strategist, www.ashuukakkarr.com, talks to ET Now on Unitech.
- Telenor buys 60% in Unitech telecom unit
Delhi-based realty firm Unitech on Wednesday offloaded a 60% stake in its telecom venture for Rs 6,120 crore to Norwegian telecom firm Tele...
- Unitech sheds 60% in telco to telenor
The Rs 6,120-crore deal pegs mkt value of telecom venture at Rs 11,620 crore, more than the Rs 8,100-crore mkt cap of Unitech.