Unity Infra in the green

Unity Infraprojects is strong into the green today. The stock opened higher at Rs.11.60, going on to an intra da y high at Rs.12, up over 4%. With a market cap of Rs.87 crore, the stock’s 52-week high stood at Rs.43.70. The stock had hit a new low just three days ago, on 12^th June at Rs.11.20.

The stock is up after Deepak Fertilisers announced that it has made an agreement with Unity Infra for the purpose of setting up 'Terminal Market Complex' at Kalyan, Maharashtra, as a part of its forward integration plan for its Agri-business, which is a constituent of the company's fertiliser business segment.