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Buy Sunteck Realty Ltd For Target Rs.745 By Motilal Oswal Financial Services Ltd Operationally stable quarter, but P&L lags recognition INR34b of launches in 2HFY25 ensures achievement of guidance * Sunteck Realty (SRIN) reported pre-sales of INR5.2b in 2QFY25, up 33% YoY (13% lower than our estimate). Traction in uber-luxury projects remained intact, with bookings of INR1.6b, or 31% of overall pre-sales. The upper mid-income segment accounted for 41% of pre-sales. * During 1HFY25, the company achieved pre-sales of INR10.3b (up 31% YoY), fueled by t...
Buy Sunteck Realty Ltd For Target Rs.745 By Motilal Oswal Financial Services Ltd
Buy Sunteck Realty Ltd For Target Rs.745 By Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
2024-11-19 10:01:52 am
Sunteck Realty zooms on the BSE Sunteck Realty is currently trading at Rs. 635.10, up by 27.60 points or 4.54% from its previous closing of Rs. 607.50 on the BSE. The scrip opened at Rs. 614.85 and has touched a high and low of Rs. 698.35 and Rs. 606.60 respectively. So far 221798 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 698.35 on 16-July-2024 and a 52 week low of Rs. 347.65 on 26-Jul-2023. Last one week high and low of the scrip stood ...
Sunteck Realty zooms on the BSE
Sunteck Realty zooms on the BSE
Source: Accord Fintech
2024-07-16 03:45:30 pm
Buy Sunteck Realty Ltd For Target Rs.759 By Yes Securities Strong launches + improving execution = Better CF Our view Sunteck Realty (SRIN) has achieved the presales of Rs19.5bn (20%y/y) for FY24 and guided 30-35% presales growth for FY25 on the back of a strong launch pipeline of Rs50- 55bn GDV. Company plans to launch subsequent phases of ODC, Naigaon, Mira Road and Vasai in FY25. Post the special development zone (SDZ) policy in place, Borivali project gathered pace and the company might bring it to the launch phase by FY26. Post leasing two...
Buy Sunteck Realty Ltd For Target Rs.759 By Yes Securities
Buy Sunteck Realty Ltd For Target Rs.759 By Yes Securities
Source: Yes Securities
2024-07-09 11:28:14 am
Buy Sunteck Realty Ltd For Target Rs. 759 By Yes Securities Strong launches + improving execution = Better CF Our view Sunteck Realty (SRIN) has achieved the presales of Rs19.5bn (20%y/y) for FY24 and guided 30-35% presales growth for FY25 on the back of a strong launch pipeline of Rs50- 55bn GDV. Company plans to launch subsequent phases of ODC, Naigaon, Mira Road and Vasai in FY25. Post the special development zone (SDZ) policy in place, Borivali project gathered pace and the company might bring it to the launch phase by FY26. Post leasing t...
Buy Sunteck Realty Ltd For Target Rs. 759 By Yes Securities
Buy Sunteck Realty Ltd For Target Rs. 759 By Yes Securities
Source: Yes Securities Ltd.
2024-07-07 04:42:36 pm
Buy Sunteck Realty Ltd For Target Rs.640 By Motilal Oswal Financial Services Healthy performance aided by luxury sales Targeting 30-35% bookings growth in FY25 * Sunteck Realty (Sunteck) reported pre-sales of INR6.8b in 4QFY24, up 26%/ 51% YoY/QoQ (29% above our estimate). In FY24, it achieved bookings of INR19.2b, up 20% YoY, with an embedded EBITDA margin of 35%. * Pre-sales in FY24 were slightly lower than the guidance of INR20b due to a delay in the new tower launch at the Mira Road project. However, Sunteck remains confident in delivering 30-35% bookings...
Buy Sunteck Realty Ltd For Target Rs.640 By Motilal Oswal Financial Services
Buy Sunteck Realty Ltd For Target Rs.640 By Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services
2024-07-03 02:12:57 pm
Buy Sunteck Realty Ltd For Target Rs.640 - Motilal Oswal Financial Services Growth trajectory on track; reiterate BUY FY24 expected to end on a high note; will clock pre-sales of INR19-20b *  In 9MFY24, Sunteck reported pre-sales of INR12.4b, up 16% YoY, largely on the back of pick-up in bookings at its uber-luxury projects in BKC as well as its aspirational project in Naigaon. *  In 3QFY24, Sunteck launched an aspirational project in Kalyan, unveiling a tower with a saleable value of INR3-3.5b. Within just a month, INR0.7b or 20-25% of the total v...
Buy Sunteck Realty Ltd For Target Rs.640 - Motilal Oswal Financial Services
Buy Sunteck Realty Ltd For Target Rs.640 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
2024-05-25 10:13:42 am
Investing in Change: Sunteck Realty Promotes Healthier Communities, Creates Awareness on Menstrual Health & Well being Sunteck Realty, renowned for its commitment to excellence and sustainability, empowered 1,000 adolescents’ girls promoting menstrual health awareness at various municipal schools. Mentoring about menstrual health care and hygiene can help women and girls from underprivileged backgrounds continue their education, maintain their health, and preserve their dignity. The National Family Health Survey (2020-21) highlights that over 30% of women in India aged 15 to 24 do not use hygienic me...
Investing in Change: Sunteck Realty Promotes Healthier Communities, Creates Awareness on Menstrual Health & Well being
Investing in Change: Sunteck Realty Promotes Healthier Communities, Creates Awareness on Menstrual Health & Well being
Source: PR Agency
2024-05-07 12:47:22 pm
Sunteck Realty moves higher on reporting 26% rise in pre-sales in Q4FY24 Sunteck Realty is currently trading at Rs. 434.40, up by 6.90 points or 1.61% from its previous closing of Rs. 427.50 on the BSE. The scrip opened at Rs. 445.85 and has touched a high and low of Rs. 445.85 and Rs. 430.95 respectively. So far 16513 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 511.65 on 04-Dec-2023 and a 52 week low of Rs. 271.25 on 23-Jun-2023. Last one week high and low of the scrip stood at ...
Sunteck Realty moves higher on reporting 26% rise in pre-sales in Q4FY24
Sunteck Realty moves higher on reporting 26% rise in pre-sales in Q4FY24
Source: Accord Fintech
2024-04-18 10:43:07 am
Sunteck`s `Life by the Sea` Initiative Promoting Conscious Living & Enhancing Beaches Sunteck Foundation by Sunteck Realty, a Mumbai-based premium luxury real estate developer, implemented ‘Life by the Sea’ sustainable lifestyle drive exemplifying conscious living by the beachfront. It is an initiative to upkeep the pristine beauty of the Suruchi Beach. Numerous studies affirm the soothing influence of the sea on our minds and the rejuvenating impact it has on our senses, offering a welcome break from the fast-paced and overstimulated nature of contemp...
Sunteck`s `Life by the Sea` Initiative Promoting Conscious Living & Enhancing Beaches
Sunteck`s `Life by the Sea` Initiative Promoting Conscious Living & Enhancing Beaches
Source: PR Agency
2023-12-01 04:01:06 pm
Sunteck Realty Ltd. receives the prestigious 5-star rating from GRESB in its second year of submission with a strong score of 95 Sunteck Realty Limited, a Mumbai-based premium luxury real estate developer is proud to announce its remarkable score of 95 in GRESB (Global Real Estate Sustainability Benchmark) Assessment, with a prestigious 5-star rating. The GRESB 5-Star rating is given to the entities placed in the top 20% of the benchmark, making it a top tier performer against its peers. Sunteck realty?s GRESB score is an outcome of its progress along the three dimensions of ESG - Environmental, Social and Governance, ...
Sunteck Realty Ltd. receives the prestigious 5-star rating from GRESB in its second year of submission with a strong score of 95
Sunteck Realty Ltd. receives the prestigious 5-star rating from GRESB in its second year of submission with a strong score of 95
Source: PR Agency
2023-10-16 05:11:42 pm
Sunteck Realty shines on reporting 17% rise in pre-sales in Q2FY24 Sunteck Realty is currently trading at Rs. 480.10, up by 5.85 points or 1.23% from its previous closing of Rs. 474.25 on the BSE.The scrip opened at Rs. 479.60 and has touched a high and low of Rs. 485.95 and Rs. 479.60 respectively. So far 16159 shares were traded on the counter.The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 485.95 on 16-Oct-2023 and a 52 week low of Rs. 271.25 on 23-Jun-2023.Last one week high and low of the scrip stood at Rs. 485.95 and Rs. 4...
Sunteck Realty shines on reporting 17% rise in pre-sales in Q2FY24
Sunteck Realty shines on reporting 17% rise in pre-sales in Q2FY24
Source: Accord Fintech
2023-10-16 11:21:13 am