Intrinsic Value

Stock has not been able to generate better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Not a good time to invest, stock is in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Niranjan Hiranandani, who is Chairman of real estate firm Hiranandani group, had resigned due to his personal and business commitments and thus being unable to devote time to the decision-making process of the company. Mittal, former chairman of NBCC, had resigned from the company “due to his intere…

Uma Shankar appointed as nominee director on Unitech board

Unitech case: The fine of ₹10 lakh on Sanjay Bahadur, ₹6 lakh on Rana Rajesh Gangahar, ₹5 lakh on Ravi Aiyar, and ₹3 lakh each on Mayfair Capital Pvt Ltd and Ravinder Singhania have been imposed by SEBI.

Unitech Case: Sebi imposes penalty worth ₹27 lakh on 5 entities. Here’s why

Buzzing stocks: RPower, Reliance Capital, Unitech, Angel One, Samvardhana Motherson, PNC Infratech, SBC Exports, GMR Power, Century Enka

Stocks that will see action on September 09, 2022

A few years back, the Supreme Court had directed that the erstwhile board of directors of Unitech Ltd be superseded and the management be taken over by the new board of directors in terms of the proposal submitted by the Union government. The Ministry of Corporate Affairs proposed the constitution o…

Niranjan Hiranandani, Anoop Kumar Mittal resign from Unitech board

NBCC ex-chairman A K Mittal and Hiranandani group’s Niranjan Hiranandani have also joined the list of those who have quit the company

Unitech’s 50% Directors Resign; Know The Reason Why They Have Left The Company

Half the directors on the board of Unitech have resigned two years after the Supreme Court ordered its overhaul. There has been a lack of progress in the delivery of flats to over 10,000 homebuyers, TOI reported Friday. Hiranandani group founder and MD Niranjan Hiranandani and former NBCC chairman a…

As progress in delivery of flats lags, 50% directors of Unitech board resign

It also asked the board to upload within 48 hours the newly revised payment plan under which the home buyer is required to make payments and asked the flat buyers to give their suggestions or feedback, if any, to the board of management, which would facilitate the court in passing the orders in this…

SC asks Unitech board to upload on its website timeline for completion of stalled projects

A bench of Justices DY Chandrachud and MR Shah said that the funds receivable from the home buyers or unsold inventories shall be used only for the construction purpose and would not be allowed to be diverted for any other purposes.

Supreme Court asks Unitech board to upload on its website timeline for completion of stalled projects

The court noted that from the medical record, it was clear that Chandra’s condition was “quite serious” and his ailments “have assumed larger proportions” on account of age. “He is suffering from cognitive impairment and dementia. He is also in need of cardiological as well as neurological assistanc…

Unitech’s Ramesh Chandra Granted Medical Bail by High Court

The court noted that from the medical record, it was clear that Chandra’s condition was “quite serious” and his ailments “have assumed larger proportions” on account of age.

Unitech founder Ramesh Chandra granted medical bail by High Court

Renu Sud Karnad and Balasubramanyam Sriram -non-executive nominee directors- resigned from the company’s board.

Unitech Board: Renu Sud Karnad, Balasubramanyam Sriram Resign As Non-Executive Nominee Directors

Unitech Limited is an India-based real estate developer. The Company is primarily in the business of real estate development and related activities, including construction, consultancy and rentals and other. The Company is engaged in residential, commercial and retail projects. The Company operates through five segments: Real Estate & Related Activities, Property Management, Hospitality, Transmission Tower, and Investment & Other Activities. The Company’s residential projects include Escape, Nirvana Country, Gurgaon; Fresco, Nirvana Country, Gurgaon; Harmony, Nirvana Country, Gurgaon; Unihomes 1, Uniworld City, Chennai and Unihomes 2, Uniworld City, Chennai. Its commercial projects include Unitech Global Gateway, Unitech Nirvana Courtyard II, Unitech Nirvana Suites, Unitech Signature Towers III, Unitech The Concourse and Unitech Uniworld Towers. The Company’s retail projects include Unitech GIP, Bhopal; Unitech BBSR1; Unitech GIP; Dehradun; Unitech Downtown Retail and other.

Unitech Ltd

Unitech Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Uma Shankar appointed as nominee director on Unitech board

Unitech Case: Sebi imposes penalty worth ₹27 lakh on 5 entities. Here’s why

Stocks that will see action on September 09, 2022

Niranjan Hiranandani, Anoop Kumar Mittal resign from Unitech board

Unitech’s 50% Directors Resign; Know The Reason Why They Have Left The Company

As progress in delivery of flats lags, 50% directors of Unitech board resign

SC asks Unitech board to upload on its website timeline for completion of stalled projects

Unitech Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Uma Shankar appointed as nominee director on Unitech board

Unitech Case: Sebi imposes penalty worth ₹27 lakh on 5 entities. Here’s why

Stocks that will see action on September 09, 2022

Niranjan Hiranandani, Anoop Kumar Mittal resign from Unitech board

Unitech’s 50% Directors Resign; Know The Reason Why They Have Left The Company

As progress in delivery of flats lags, 50% directors of Unitech board resign

SC asks Unitech board to upload on its website timeline for completion of stalled projects

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock