Unity Infraprojects is currently trading at Rs. 48.70, up by 2.75 points or 5.98% from its previous closing of Rs. 45.95 on the BSE.
The scrip opened at Rs. 48.55 and has touched a high and low of Rs. 49.65 and Rs. 48.45 respectively. So far 135444 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 49.65 on 10-Jun-2014 and a 52 week low of Rs. 16.10 on 07-Aug-2013.
Last one week high and low of the scrip stood at Rs. 49.65 and Rs. 41.50 respectively. The current market cap of the company is Rs. 360.81 crore.
The promoters holding in the company stood at 62.72% while Institutions and Non-Institutions held 7.49% and 29.80% respectively.
Unity Infraprojects is reportedly planning to sell 0.5 million sq ft plot in Parel area of Mumbai. In this regard, the company is already in talks with several top developers such as Tata Housing, Peninsula Land and Godrej Properties among others.
The company is looking at a valuation of Rs 350 crore for the land. Moreover, it is open to jointly developing the land or outright sale.
Unity Infraprojects is one of the largest civil contractors in India. It is the flagship unit of the Mumbai-based KK Group of Companies, which has its interests spread across a wide spectrum of businesses such as concrete block manufacturing, quarrying, hotel and organized retailing industries.
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