Sunteck Realty gains on planning to launch seven projects in and around Mumbai metropolitan region

Sunteck Realty is currently trading at Rs. 575.20, up by 2.60 points or 0.45% from its previous closing of Rs. 572.60 on the BSE.

Sunteck Realty
Sunteck Realty

The scrip opened at Rs. 571.15 and has touched a high and low of Rs. 582.60 and Rs. 570.00 respectively. So far 16373 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 588.45 on 11-Jan-2022 and a 52 week low of Rs. 250.05 on 06-May-2021.

Sunteck Realty Last one week high and low of the scrip stood at Rs. 588.45 and Rs. 515.00 respectively. The current market cap of the company is Rs. 8392.00 crore.

The promoters holding in the company stood at 67.13%, while Institutions and Non-Institutions held 24.95% and 7.91% respectively.

Sunteck Realty is planning to launch seven projects in and around the Mumbai metropolitan region over the next five to eight years. These projects are expected to make it one of the largest realtors in terms of the topline.

The realty firm has built the first uber apartment tower Signature in the heart of the tony central business district of BKC last decade and is now home to some of the biggest names in India Inc, such as Gautam Adani and Uday Kotak.

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