Unitech Share Price 17 December 2023: A Multibagger Stock with Impressive Returns!
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Unitech, one of the leading real estate companies in India, has witnessed a phenomenal rise in its share price, making it a lucrative investment option for shareholders. In just one month, the share price has increased by a staggering 416%, providing investors with a multibagger return. A modest investment of ₹1 lakh made less than a year ago has now grown to ₹5.16 lakh.
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But that’s not all! Since its inception, Unitech has delivered a return of over 867% to its shareholders. Back in July 1995, the price of one Unitech share was a mere 96 paise, which was less than ₹1. However, at one point, it soared to ₹519.55. Currently, its price stands at ₹9.29.
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With a market capitalization of ₹2,223.86 crore, Unitech Limited is the second-largest real estate company in the country. Over the past 52 weeks, the share price has fluctuated between a high of ₹8.85 and a low of ₹1.10. In the past week alone, the share price has increased by 21.43%, while over the past three months, it has surged by a whopping 214.81%.
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And now, let’s take a look at the dividends distributed by Unitech in the past:
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★Announcement Date: 31/05/2010
Effective Date: 02/09/2010
Dividend: 10%
★Announcement Date: 25/06/2009
Effective Date: 06/08/2009
Dividend: 5%
★Announcement Date: 27/06/2008
Effective Date: 25/08/2008
Dividend: 12%
★Announcement Date: 28/05/2007
Effective Date: 20/07/2007
Dividend: 25%
★Announcement Date: 30/06/2006
Effective Date: 17/08/2006
Dividend: 10%
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Unitech has consistently rewarded its shareholders with attractive dividends over the years, showcasing its commitment to creating value for investors. As we can see from the dividend history, the company has a track record of providing substantial returns to its shareholders.
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★Announcement Date: 30/06/2005
Effective Date: 15/09/2005
Dividend: 40%
★Announcement Date: 01/07/2004
Effective Date: 16/09/2004
Dividend: 30%
★Announcement Date: 25/08/2003
Effective Date: 18/09/2003
Dividend: 20%
★Announcement Date: 02/07/2002
Effective Date: 17/09/2002
Dividend: 20%
★Announcement Date: 03/07/2001
Effective Date: 05/09/2001
Dividend: 20%
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Unitech’s impressive performance in the real estate sector has positioned it as a top choice for investors. With its skyrocketing share price and consistent dividend payouts, the company continues to attract attention and deliver substantial returns to its shareholders.
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Investing in Unitech has proven to be a rewarding decision, and as the company continues to grow, shareholders can expect even greater returns in the future. So, keep an eye on Unitech’s share price and stay updated with the latest news to make the most of this multibagger stock!
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Disclaimer: This is News Coverage with Opinions of Experts and Should Not Be Taken as Direct Market Buying Tip. Market is always subject to risk. We recommend taking our content as research before investing.
