According to analyst, the interested investors can buy the stock above Rs 85.
The stock of the company, on August 05, closed at Rs 84.50 on the Bombay Stock Exchange (BSE).
Current EPS & P/E ratio stood at 2.72 and 31.86 respectively.
The share price has seen a 52-week high of Rs 118.35 and a low of Rs 66.95 on BSE.
Unitech Ltd has declared that a meeting of its directors will take place on August 14, to consider and sanction the company's un-audited results for the three month period ended June 30, 2010.
India's second-largest realty firm Unitech has decided to get hold of its London's AIM-listed group company Unitech Corporate Parks (UCP), in an agreement, which may cost more than Rs 750 crore.
Unitech is making talks with UCP's independent directors regarding a possible bid from Unitech.
Set up in the year 1972, Unitech Ltd is notorious for the product quality and is the first realty developer to have been licensed ISO 9001:2000 certificate in Northern India.
Unitech has the most wide-ranging product mix including hotel, residential, amusement parks, commercial/IT parks, retail and SEZs.