Sunteck Realty is currently trading at Rs. 439.10, up by 1.00 points or 0.23% from its previous closing of Rs. 438.10 on the BSE.
The scrip opened at Rs. 445.00 and has touched a high and low of Rs. 464.25 and Rs. 436.00 respectively. So far 169616 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 464.25 on 17-Sep-2021 and a 52 week low of Rs. 244.05 on 24-Sep-2020.
Last one week high and low of the scrip stood at Rs. 464.25 and Rs. 377.50 respectively. The current market cap of the company is Rs. 6558.47 crore.
The promoters holding in the company stood at 67.15%, while Institutions and Non-Institutions held 25.28% and 7.56% respectively.
Sunteck Realty is planning to develop an integrated township in Mumbai Metropolitan Region (MMR) and is expecting a revenue of Rs 9,000 crore over the next 7-8 years. It plans to develop around 50-acre land parcel at Shahad (Kalyan). The company will develop a luxury integrated residential township in this location under the asset-light JDA (joint development agreement) model with Amar Dye Chem.
The project is expected to generate a top line of around Rs 9,000 crore over the next 7-8 years, further strengthening the cash flow and the balance sheet of the company.
Sunteck Realty is a Mumbai-based real estate development company, catering to the premium ultra-luxury and luxury residential segment.
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