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Buy Unitech: Indiabulls Securities
Published on Fri, Jul 03, 2009 at 14:53  |  Updated at Fri, Jul 03, 2009 at 16:01  |  Source : Moneycontrol.com
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Indiabulls Securities Research has upgraded its rating on Unitech from hold to buy in its July 01, 2009 report.

"Unitech’s stock is currently trading at a 19.8% discount to our NAV of Rs 103. We believe that the stock has a long-term upside potential, primarily due to the increasing residential sales volume coupled with the Company’s comfortable liquidity position. Thus, we upgrade our rating from Hold to Buy," says Indiabulls Securities' research report.


Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions. 

To read the full report click on the attachment.....

Attachments : TU957 Unitech Limited 090701.pdf

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