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Last Updated : Jul 16, 2013 05:01 PM IST | Source: CNBC-TV18

Hold Unitech, says SP Tulsian

According to SP Tulsian of, one may remain invested in Unitech and look for a level of Rs 22.50-23 with a near-term view of about couple of months.

SP Tulsian of told CNBC-TV18, "I will advice to remain invested in Unitech. Considering the recent move of Reserve Bank of India (RBI), we have been seeing weakness in all the real estate stocks. I have been holding my positive view on all the real estate stocks whether one talks of Housing Development and Infrastructure (HDIL), Indiabulls Real Estate, and Unitech to name a few of them."

"I will advice to look for a level of Rs 22.50-23 if one has a near-term view of about couple of months and if one has a longer term view of about maybe six months then look for a target of maybe Rs 25-26," he added.

Also Read: Unitech plans to raise Rs 1200 crore from Gurgaon land sale

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First Published on Jul 16, 2013 05:01 pm
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