Unitech Shoots Over 19% After Block Deal

Unitech Ltd. stock rallied 18% during Friday’s trade as a result of investor Manish Lakhi purchasing 1.54 crore shares of the company or a 0.6% stake for Rs 6.46 each.

Unitech was trading at Rs 7.78, up by Rs 1.26 or 19.33% as at 1132 hours on Friday, on the BSE. The stock had hit an intraday high of Rs 7.82. The stock got locked in its upper circuit at Rs 7.82, it also witnessed a spurt in volume by more than 4.43 times.

Unitech Ltd is a leading real estate developer in India. The business operations of the company include construction, contracts, development of real estate, consultancy and management services, hotels, manufacturing of power transmission and telecom towers.

For Quick Trial – 8962000225 ✔
or mail us here: info@ways2capital.com
✆ - 0731-6626222 | Toll Free - 1800-3010-2007 
Give a Missed Call for Free Trial - 09699997717 
Share on Google Plus Share on Pinterest

About Suhani Varma

This is a short description in the author block about the author. You edit it by entering text in the "Biographical Info" field in the user admin panel.