Tag Archives: Realty Stocks

Realty stocks battered, Unitech down by over 51%

October 25, 2008 – 2:48 am

Real estate sector was the biggest loser in today’s stock market plunge, led by country’s second largest firm Unitech that witnessed a sharp fall of over 51%.
The realty index witnessed a 24.4% decline, which is more than double the benchmark index Sensex fall of nearly 11%. The index has fallen by 31 per cent in [...]

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Indiabulls Real Estate surges 22%

October 21, 2008 – 6:20 am

Shares of Indiabulls Real Estate surged over 22% to Rs 131.15 on BSE Tuesday, while Indiabulls Financial Services climbed over 7% to Rs 105.60 after the company assured of not having any non-performing loan in its portfolio.
The financial services company reported a net profit growth of 21.4% to Rs 136 crore for the second quarter [...]

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Realty Gloom Reflects Stock Price

July 11, 2008 – 6:36 am

The gloom over the realty sector is reflected in the stock prices of many companies. BSE Realty Index has been the worst performer so far in 2008, having shed more than 68.5% from its January peak. Analysts expect further erosion in valuations of realty stocks with the sector facing a slowdown, input costs rising, and [...]

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Slowdown And Falling Market Demolish Real Estate Stocks

June 3, 2008 – 12:52 am

The uncertainty in the capital market has hit realty stocks the hardest.
The BSE realty index is the worst performer this year, having shed 51% of its 52-week peak reached in January.
With increasing evidence of a slowdown in the realty sector, rising input costs and little chances of interest rate softening, experts feel realty stocks may [...]

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