Sunteck Realty is currently trading at Rs. 413.60, up by 8.90 points or 2.20% from its previous closing of Rs. 404.70 on the BSE.
The scrip opened at Rs. 403.00 and has touched a high and low of Rs. 421.45 and Rs. 403.00 respectively. So far 391 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. 320.00 on 26-Feb-2019.
Last one week high and low of the scrip stood at Rs. 421.45 and Rs. 390.00 respectively. The current market cap of the company is Rs. 5922.58 crore.
The promoters holding in the company stood at 67.15%, while Institutions and Non-Institutions held 29.40% and 3.45% respectively.
Sunteck Realty has launched 225 apartments in its first tower in 4th Avenue SunteckCity. It has already sold 125 apartments generating sales worth more than Rs 200 crore in 18 days from the launch day (in less than 3 weeks).
The Company sees extremely good sales momentum and is confident of selling around 85-90% of the apartments opened for sale generating total sales worth Rs 300-325 crore in a short span of time. SunteckCity is an around 23 acres premium luxury development located at Oshiwara District Centre (ODC), Goregaon (West). This development comprises a mix of retail, residential and commercial.
Sunteck Realty is a Mumbai-based real estate development company, catering to the premium ultra-luxury and luxury residential segment.
