Shares in Unitech Ltd surge as much as 18.5% to its highest since May 23, 2013, extending a recent rally on hopes potential economic reforms by the incoming government would also include housing, such as by making it easier to buy homes.
After slumping 25.7% in the first two months of 2014, Unitech has surged 130% since February end as of Tuesday.
Shares in Unitech ended up 14.63%.
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