Unity Infraprojects

Continues to underperform

Posted by : goldentip
Price when posted : BSE: Rs 427.00 ( 0.66 % ), NSE: Rs. 426.15 ( 0.37 % )

Even in today`s market, Unity did not perform well. Hopefully this is consolidation mode, and it`ll pick up very soon. Nagarjuna et al are available at PE of about 28-30, while Unity`s PE is about 8. Even if it gets a PE of about 15, there is a case for reaching a price of about Rs 800. But then, everything is not driven by PE. While companies like Ahluwalia has got institutional interest (mutual funds), Unity has not got any so far. ...

Lehman Brothers effect

Posted by : k_bhide2000
Price when posted : BSE: Rs 425.15 ( 0.22 % ), NSE: Rs. 427.00 ( 0.57 % )

Unity Infraprojects is trading still at a P/E ration of 7-8. Is should have traded at a price of Rs.1500-200 but due to dumping of Lehman stake in Unity, the scrip reached rock bottom. ...

UNITY ( BSE-532746) CMP-418

Posted by : KotakInvestment
Price when posted : BSE: Rs 424.20 ( 0.50 % ), NSE: Rs. 424.60 ( 0.62 % )

3 months if Market do not tank on news of RCOM...

Another pick is HEG...

UNITY ( BSE-532746) CMP-418

Posted by : parvinderchawla
Price when posted : BSE: Rs 424.20 ( 0.50 % ), NSE: Rs. 424.60 ( 0.62 % )

time frame .......................

UNITY ( BSE-532746) CMP-418

Posted by : divakarank
Price when posted : BSE: Rs 424.20 ( 0.50 % ), NSE: Rs. 424.60 ( 0.62 % )

Can u expand JKIL pls....

UNITY ( BSE-532746) CMP-418

Posted by : KotakInvestment
Price when posted : BSE: Rs 424.20 ( 0.50 % ), NSE: Rs. 424.60 ( 0.62 % )

Now watch JKIL....

CMP 173.. Target 200 around.....

UNITY ( BSE-532746) CMP-418

Posted by : KotakInvestment
Price when posted : BSE: Rs 424.20 ( 0.50 % ), NSE: Rs. 424.60 ( 0.62 % )

parvinder,

Once target hit, you shall book profits.
it will come down little and will again go up....

UNITY ( BSE-532746) CMP-418

Posted by : parvinderchawla
Price when posted : BSE: Rs 426.00 ( 0.92 % ), NSE: Rs. 425.30 ( 0.78 % )

unity tgt achived 428 where to book profit...

Unity or Ahluwalia?

Posted by : goldentip
Price when posted : BSE: Rs 422.05 ( 0.79 % ), NSE: Rs. 422.00 ( 0.81 % )

I hold Unity myself. Here is some incomplete analysis from me:

Both Ahluwalia and Unity Infra are similar sized companies in the civil contracting space. In the recent past, Ahluwalia has performed much better than Unity Infra in the stock market. While Unity EBITDA margins are slightly higher than Ahluwalia, Unity net profit margins are lower because of high interest cost. Also Ahluwalia is consistently improving its OPM while Unity`s OPM has remained rangebound. In Q1`10 Ahluwalia net profits grew by more than 42% on a topline growth of 20%, but Unity bottomline was flat year on year, though topline growth was more than 25%. High interest cost was the main culprit.

My take is that though both are similar sized companies in the same space, Ahluwalia is benefitting from better cash flow management. Unity`s CFO needs to work harder. Also Unity has not been able to improve its OPM while Ahluwali has done so in the last one year.

As of March 2009, Unity had 890 crores of outstanding liability on its books. However, very recently, Unity decided to raise upto 250 crores via QIP which will dilute equity but also bring down the interest cost by around 20-25%. In the long term it may be a better idea to hold Unity because there is a chance to see some improvements in company performance, hence better stock appreciation. Remember Unity valuation is cheaper compared to Ahluwalia.

Someone once told me that from a stockmarket point of view, it could be better to own the stock of a company where there is scope for improvement. However there should be signs that management actually wants to improve.

Ideas, anyone?...

Unity or Ahluwalia?

Posted by : goldentip
Price when posted : BSE: Rs 422.00 ( 0.78 % ), NSE: Rs. 421.25 ( 0.63 % )

Can you justify why? Both are similar sized companies in civil contracting space, while EBITDA margins of Unity are slightly higher than Ahluwalia, the net profits are lower because of high interest cost. Ahluwalia has performed better in the market than Unity in the last few months. Any specific reason why I should not switch from Unity to Ahluwalia?...

Unity or Ahluwalia?

Posted by : greatestmj
Price when posted : BSE: Rs 418.75 ( 0.04 % ), NSE: Rs. 418.60 ( 0.52 % )

I personally would go for Unity rather ahluwalia....

Unity or Ahluwalia?

Posted by : ProfitMantras
Price when posted : BSE: Rs 418.75 ( 0.04 % ), NSE: Rs. 418.60 ( 0.52 % )

Unity is better.

Regards
ProfitMantras dot com...

Unity or Ahluwalia?

Posted by : goldentip
Price when posted : BSE: Rs 418.75 ( 0.04 % ), NSE: Rs. 418.60 ( 0.52 % )

Which is a better civil contracting company: Unity Infra or Ahluwalia?...

UNITY ( BSE-532746) CMP-418

Posted by : KotakInvestment
Price when posted : BSE: Rs 418.75 ( 0.04 % ), NSE: Rs. 418.60 ( 0.52 % )

You shall watch UNITY closely on Friday and even on Monday.

CMP : 418
Stop Loss : 417 ( Just one Rupee)

Friday Target can be 422-426
and St Tgt 432-445

--SK--...

IPO price was at Rs 675

Posted by : Guest
Price when posted : BSE: Rs 420.00 ( 4.13 % ), NSE: Rs. 417.00 ( 3.45 % )

Hello Mate,
A small correction, Unity Infra IPO was at 10 + 665 Premium = Rs 675 and was listed in first week of June 2006...