Stock market analysts have maintained 'Sell' rating on Unitech Ltd to achieve a target that lies between Rs 75.25-74.50 today.

If the stock fell below Rs 72, it may see more weakness.

According to analysts, investors can sell the stock below Rs 76.50 with a strict stop loss of Rs 78.

The investors are advised to sell the stock to avoid loss.

After selling the stock today, the interested investors can buy it again for medium or long-term perspective.

Today (Nov 27), the stock opened at Rs 74.70 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 1.22 and 60.49 respectively. The share price has seen a 52-week high of Rs 118.35 and a low of Rs 21.80 on BSE.

Unitech Ltd, on Nov 24, has sought authorization from the administration and RBI in order to lift up $700 million via foreign currency bonds.

The report said that the company would utilize the funds for constructing an integrated township project.

For the three month period ended September 2009, Unitech announced a fall of 69.92% in its standalone net profit to Rs 1,249.90 million as compared to Rs 4,155.60 million during the corresponding period of the previous year.

The company's net sales during the period fell 60.73% to Rs 3,317 million, whereas total income during the quarter declined 55.30% to Rs 4,051.20 million.

Unitech recorded an EPS of Rs 0.57 during the period, posting 77.73% fall over previous year period.