Sunteck Realty is currently trading at Rs. 276.55, up by 1.90 points or 0.69% from its previous closing of Rs. 274.65 on the BSE.
The scrip opened at Rs. 279.40 and has touched a high and low of Rs. 279.40 and Rs. 271.90 respectively. So far 8761 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 457.70 on 10-Jan-2020 and a 52 week low of Rs. 145.00 on 27-May-2020.
Last one week high and low of the scrip stood at Rs. 289.10 and Rs. 246.30 respectively. The current market cap of the company is Rs. 4010.59 crore.
The promoters holding in the company stood at 67.16%, while Institutions and Non-Institutions held 27.55% and 5.28% respectively.
Sunteck Realty has entered into an agreement to acquire around 50-acre land parcel in Vasind, Thane district in Maharashtra. The project will offer approximately 2.6 million square feet. Envisaged as a one of the large residential development under ‘Sunteck World’ brand in Thane District, the project will have a revenue potential of Rs 1,250 crore (Rs 12.5 Billion) spanning over next 4-5 years. The company’s Vasind acquisition reflects its differentiated development philosophy of focusing on strategic locations along the growth vector.
Sunteck Realty is a Mumbai-based real estate development company, catering to the premium ultra-luxury and luxury residential segment.
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