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Unity Infraprojects (Unity)’s performance in Q4FY2010 was above our estimates. The net profit grew by 31.5% year-on-year (y-o-y) to Rs27.7 crore on the back of an impressive revenue growth of 28.6% y-o-y to Rs493 crore. For the full year, FY2010, the revenue and the profit after tax (PAT) grew by 30.6% y-o-y and 22.2% y-o-y [...]
Tagged as: Free Share Tips, Sharekhan, Unity Infraprojects
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Unity Infraprojects (Unity) has raised Rs73 crore by private placement of 14.5 lakh shares with qualified institutional buyers at the price of Rs506 per share. The proceeds from the qualified institutional placement (QIP) is expected to be utilised by the company to partly fund its capital expenditure (capex) and to meet its working capital requirement. [...]
Tagged as: Free Share Tips, Infrastucture, Unity Infraprojects
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