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TREDING DESK

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SI Team Mumbai

Though the scrip has declined 30.3 per cent over the past month, it has gained 4.3 per cent in the past week to close at Rs 234 amid huge bouts of volatility witnessed by the Sensex last week.

Stock of the week  
UNITECH LTD
Last week's close (Rs)11,617.40
Prev. week's close (Rs)9640.60
Week's high (Rs)11617.40
Week's low (Rs) 9129.80
Last week's ave. daily turnover (Rs cr)52.10
Prev. week's ave. daily turnover (Rs cr) 105.20
Number of up/down move 4/1

Unitech Ltd gained 20.29 per cent over the week and 122 per cent for the past month to close at Rs 11,595.20 amid strong buying interest for real estate players and on the news of the company bagging a deal worth Rs 1,582 crore to develop 340 acres of land in Noida.

Unitech was the highest bidder for the Noida Development Authority auction. This deal is the biggest one surpassing Rs 1,104.11 crore deal of Reliance Industries for a property in Mumbai.

 

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First Published: May 29 2006 | 12:00 AM IST

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