After a sharp recovery in the first one-and-a-half months of the calendar year — the Bombay Stock Exchange (BSE) Realty Index gained over 50 per cent, real estate stocks seem to have lost steam. The index, which tracks property stocks, has lost 16 per cent since last week, while the broad-based BSE Sensex has lost five per cent. “These are high Ebitda (earnings before interest, taxes, depreciation,
Unitech Ltd shares have risen 78 per cent year-to-date compared to the BSE Realty Index, which is up 52 per cent. Still, analysts are not rushing to place a “buy call” on the stock.
Indian shares snapped a six-day rally on Monday, as uncertainty over talks between Greece and its private bondholders pulled down global markets and the poor order inflow of power equipment maker
Vikhroli deal was a disappointment; stock may not sustain premium valuations
With the Bombay Stock Exchange Sensitive Index, or Sensex, falling by a little over 14 per cent in the past year, things are not looking so good for stock market investors. Even the top blue-chips
Shares of real estate developers Unitech and DB Realty fell the most among realty stocks today, following reports that a CBI Special Court rejected the bail applications of key executives of both
Site optimized for Internet Explorer 5.5 and above.
See Disclaimer |Privacy Policy &Parental Guidance on pornography |careers@sify |About Us |Feedback |Advertise