Unitech trades in green despite reporting net loss of Rs 72.95 crore in Q1

30 Aug 2018

Unitech is currently trading at Rs. 3.96, up by 0.08 points or 2.06% from its previous closing of Rs. 3.88 on the BSE.

The scrip opened at Rs. 3.88 and has touched a high and low of Rs. 3.99 and Rs. 3.75 respectively. So far 588994 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 2 has touched a 52 week high of Rs. 12.24 on 02-Jan-2018 and a 52 week low of Rs. 3.75 on 30-Aug-2018.

Last one week high and low of the scrip stood at Rs. 4.10 and Rs. 3.80 respectively. The current market cap of the company is Rs. 1043.90 crore.

The promoters holding in the company stood at 14.64%, while Institutions and Non-Institutions held 12.51% and 72.85% respectively.

The company has reported net loss of Rs 72.95 crore for first quarter ended June 30, 2018 as compared to net loss of Rs 16.48 crore for the same quarter in the previous year. Total income of the company decreased by 73.03% at Rs 77.95 crore for Q1FY19 as compared Rs 289.00 crore for the corresponding quarter previous year.

Unitech is engaged in real estate activities. The company is engaged in developing/constructing residential and commercial properties in India and selling the immovable properties to customers.

Related Unitech Ltd. Links:

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SEBI Registered: Investment Adviser - INA000013323