Sunteck Realty is currently trading at Rs. 433.10, up by 8.20 points or 1.93% from its previous closing of Rs. 424.90 on the BSE.
The scrip opened at Rs. 428.00 and has touched a high and low of Rs. 439.50 and Rs. 428.00 respectively. So far 13727 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 532.00 on 23-May-2019 and a 52 week low of Rs. 295.65 on 23-Oct-2018.
Last one week high and low of the scrip stood at Rs. 447.75 and Rs. 412.30 respectively. The current market cap of the company is Rs. 6218.19 crore.
The promoters holding in the company stood at 67.16%, while Institutions and Non-Institutions held 28.60% and 4.24% respectively.
Sunteck Realty is gearing to create a large portfolio with an investment of Rs 5,000 crore in commercial and retail properties over the next 4 years. This well planned strategic growth in the Commercial and Retail Real Estate Market will set a benchmark trend.
The company is now focusing on building a premium commercial and retail portfolio of around 3 mn sq. ft. in ODC, around 1.5 to 2 mn sq. ft. in and around BKC, and around 1 mn sq. ft. in Naigaon. Thus a total of over around 6 mn sq. ft. Furthermore, the company is exploring opportunities in the western suburbs of Mumbai to grow this retail & commercial portfolio.
Sunteck Realty is a Mumbai-based real estate development company, catering to the premium ultra-luxury and luxury residential segment.
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