Tag Archives: Stake

FIIs Reduced Investment In Real Estate

BSE reports shows that Foreign institutional investors (FIIs) have reduced their investment in real estate companies, mainly Parsvnath Developers and Unitech by 0.8 and 2 % correspondingly, year-on-year.
According to shareholding data available on BSE, the domestic financial institutions and banks have amplified their inevstment in Unitech Ltd by more than 1.5%, while Foreign institutional investors [...]

Retail Players Lap Up Stocks As FIIs Exit

As the four-year bull run in the Indian market went into a sharp correction early this year, foreign investors quietly withdrew part of their holdings in leading stocks while retail investors bought into them.
Domestic investors(including institutions, MFs and retail investors)were net buyers in those top companies. These entities together bought around 1.1 percentage point stake [...]

Unitech posts 39% rise in net profit

January 31, 2008, NEW DELHI: Unitech posted 39 percent increase in consolidated net profit. It got an increment from 377.84 crore to 525.78 crore in a quarter. Total income of Unitech group during the quarter under review was Rs 1165.11 crore, which is 19% high from last year.
Mr. Sanjay Chandra, Managing Director, Unitech Ltd, said, [...]