Unitech surges 3.5% on bourses

In a similar fashion,the scrip closed at Rs 34.30,up 3.47 per cent on the National Stock Exchange. On the volume front,over 3 crore shares of the company changed hands on both the bourses during the day.

As per the media report,the real estate company is expanding its retail development business and plans to invest around Rs 2,000 crore over the next three years to develop about 2 million sq. ft of premium and luxury shopping malls.

Meanwhile,market indices Sensex and Nifty ended the day on a flat note. The BSE 30-share Sensex settled at 18,726.97,down 0.09 per cent,while the NSE’s 50-share Nifty ended at 5,625.45,down 0.12 per cent.