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Last Updated : Jul 19, 2016 04:40 PM IST | Source: CNBC-TV18

Exit Unitech, says Sharmila Joshi

According to Sharmila Joshi of sharmilajoshi.com, one may exit Unitech.

Sharmila Joshi of sharmilajoshi.com told CNBC-TV18, "It makes sense to exit Unitech because there are lot of issues for real estate companies like Unitech. The kind of leverage they have and also the overall slowdown that one has seen in real estate."

"All things add up to make me think that it is not the best sector to be invested in at this point in time and within that Unitech would be among the weaker names. So, I would ask to take money off the table," he said.
First Published on Jul 19, 2016 04:40 pm
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