Even in today`s market, Unity did not perform well. Hopefully this is consolidation mode, and it`ll pick up very soon. Nagarjuna et al are available at PE of about 28-30, while Unity`s PE is about 8. Even if it gets a PE of about 15, there is a case for reaching a price of about Rs 800. But then, everything is not driven by PE. While companies like Ahluwalia has got institutional interest (mutual funds), Unity has not got any so far.
I do not check the prices often ~ at least not on a day-to-day basis.
I find this counter rallying continuously for the past 6 months. I suspect this stock deserves a breather. The numbers BV and PE are still lucarative to enter though.
| NIFTY 
