Mayur Uniquoters has witnessed decline in the recent quarters but Sharekhan analysts are confident that the company can offer 20 percent returns from the current levels.
Indian market closed strong on Tuesday after two days of correction. Stock markets have ignored BJP's loss in the New Delhi elections. Markets had already factored in the results from exit polls.
Green buildings have remained a smaller part of the Indian real estate sector. The government needs to push forward in this direction for higher acceptance among real estate developers.
