Sunteck Realty is currently trading at Rs. 223.10, up by 1.15 points or 0.52% from its previous closing of Rs. 221.95 on the BSE.
The scrip opened at Rs. 234.00 and has touched a high and low of Rs. 234.00 and Rs. 218.30 respectively. So far 2,098 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 340.65 on 14-Nov-2014 and a 52 week low of Rs. 205.00 on 20-Jan-2015.
Last one week high and low of the scrip stood at Rs. 268.00 and Rs. 212.15 respectively. The current market cap of the company is Rs. 1,404.00 crore.
The promoters holding in the company stood at 73.49% while Institutions and Non-Institutions held 5.18% and 21.34% respectively.
Sunteck Realty, Mumbai’s premier real estate developer catering to premium and ultra-premium segment, has acquired a land parcel through a joint development model, to develop a premium commercial project at the junction of Bandra Kurla Complex (BKC). The commercial project with a development potential of approximately 2 lakh square feet is expected to generate revenue to the tune of about Rs 500 crore.
This commercial project consolidates Sunteck Realty’s position in BKC where it already has three ultra Premium residential properties and two rented assets. The company is also gearing up to launch another commercial project – Sunteck Centre II, at the BKC-Kalina Junction.
Located at the junction of the Central business district of BKC, the site is easily accessible through western express highway on one hand and the Santacruz-Chembur Link Road on the other and is in close proximity to both, domestic and international airport.
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