Review of Unitech Stock?
can any one suggest me about unitech limited shares.
what is future of this share.
Unitech is doing business in Real estate sector. If i have to rank unitech on different parametors it would be like this.
Management: 1/10, you have seen what happened in uninor case. Unitech was one of the promoter and the management of unitech was even in jail for sometime and is currently facing legal issues.
Business: Overall Indian Economy is in Dark. Cant blame the slow down of business on management, it is due to economic slow down.
General: Well real estate is what making money in India, but you see the hieghest black money transaction are in real estate business. You can invest but compare with other real estate companies before investing.
I would advice HDIL, Orbit corp, Godrej, Sobha etc. These are trusted companies and are not much in news for wrong doings.