Unitech was up 3.05% to Rs 8.12 at 10:48 IST on BSE after the company reported consolidated net loss of Rs 38.40 crore in Q1 June 2017, compared with net loss of Rs 44.82 crore in Q1 June 2016.
The result was announced after market hours on Monday, 14 August 2017.Meanwhile, the S&P BSE Sensex was up 51.56 points or 0.16% at 31,500.59. The S&P BSE Small-Cap index rose 111.85 points or 0.73% at 15,521.05.
On the BSE, 24.56 lakh shares were traded on the counter so far as against the average daily volumes of 96 lakh shares in the past one quarter. The stock had hit a high of Rs 8.35 and a low of Rs 7.88 so far during the day. The stock had hit a 52-week high of Rs 9.87 on 26 July 2017 and a 52-week low of Rs 3.89 on 29 December 2016.
The stock had outperformed the market over the past one month till 14 August 2017, advancing 3.01% compared with the Sensex's 1.79% fall. The stock had also outperformed the market over the past one quarter, gaining 40.21% as against the Sensex's 4.18% rise. The scrip had also outperformed the market over the past one year, advancing 28.13% as against the Sensex's 11.71% rise.
The small-cap company has equity capital of Rs 523.26 crore. Face value per share is Rs 2.
Unitech's consolidated net sales fell 17.4% to Rs 402.78 crore in Q1 June 2017 over Q1 June 2016.
Unitech is one of India's leading real estate players. It has a diversified product mix in real estate comprising of commercial complexes, IT/ITes parks, special economic zones (SEZs), integrated residential developments, schools, hotels, malls, golf courses and amusement parks.
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