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Sunteck Realty shines on receiving overwhelming response for Naigaon project

Sunteck Realty is currently trading at Rs. 317.90, up by 7.80 points or 2.52% from its previous closing of Rs. 310.10 on the BSE.

The scrip opened at Rs. 313.00 and has touched a high and low of Rs. 323.65 and Rs. 311.50 respectively. So far 20761 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 526.00 on 24-Aug-2018 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. 350.00 and Rs. 295.65 respectively. The current market cap of the company is Rs. 4617.70 crore.

The promoters holding in the company stood at 66.75%, while Institutions and Non-Institutions held 27.87% and 5.38% respectively.

Sunteck Realty has received an overwhelming response for recently launched Phase I of its project Sunteck West World at Naigaon and has sold more than 2000 apartments out of the total inventory of 2476 apartments in Phase I with the sales of more than Rs 600 crore.

Sunteck Realty is a Mumbai-based real estate development company, catering to the premium ultra-luxury and luxury residential segment.

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