Sunteck Realty’s multi-micro-market presence, luxury offerings across price points, and proven execution track record have made it one of the biggest beneficiaries of the strong demand. Its healthy balance sheet, robust cash flows and recent platform with IFC is set to enhance its future growth potential, says Sneha Poddar of Motilal Oswal Financial Services.


► Subscribe to The Economic Times for the latest video updates. It's free! - https://www.youtube.com/TheEconomicTimes?sub_confirmation=1

► More Videos @ ETTV - https://economictimes.indiatimes.com/TV

► https://EconomicTimes.com

► For business news on the go, download ET app:
https://etapp.onelink.me/tOvY/EconomicTimesApp

Follow ET on:

► Facebook - https://www.facebook.com/EconomicTimes 
► Twitter - https://www.twitter.com/economictimes
► LinkedIn - https://www.linkedin.com/company/economictimes
► Instagram - https://www.instagram.com/the_economic_times
► Flipboard - https://flipboard.com/@economictimes

#news #latestnews #economictimes #ET #TheEconomicTimes #businessnews

Fundamental Radar: Which factors will drive multiple growth levers for Sunteck Realty?

Motilal Oswal is bullish on Sunteck Realty recommended buy rating on the stock with a target price of Rs 640 in its research report datedd November 21, 2023.

Buy Sunteck Realty; target of Rs 640: Motilal Oswal

Kalyan and Nepean sea project to launch in Q3 FY24 and H2 FY25 respectively.

Sunteck Realty Q2 Results Review - Steady; New Launches, Project Additions To Step Up: Prabhudas Lilladher

Jefferies estimates that sales could rise by over 25% year-on-year to nearly Rs 2,000 crore for fiscal 2024.

Sunteck Realty Shares Hit 54-Week High As Jefferies Raises Target Price

Sunteck Realty has five ongoing projects and three new launches (Kalyan, Borivali and Napean Sea Road) over FY23-26E.

Sunteck Realty - Building Foundations In MMR: Prabhudas Lilladher Initiates Coverage With A ‘Buy’

The company said during the quarter, pre-sales grew by 16% YoY to Rs 387 crore, while collections remained “strong” at Rs 288 crore. Core EBITDA margin stands at 43 percent.

Sunteck Realty drops over 3% as Q1 earnings disappoints Street

Apollo Pipes’ stock shows a bullish trend, with a potential rally expected. Consider buying at ₹722.50, add more at ₹706, and set a stop-loss at ₹690. Book profits at ₹770 or tighten stop-loss at ₹715 if it rises above ₹750. Axis Bank’s stock rally remains positive above trendline support at ₹925. R…

Technical Analysis: Apollo Pipes, Axis Bank and Sunteck Realty

Realty developer Sunteck Realty has recorded 16% year-on-year growth in pre-sales at Rs 387 crore for the quarter ended June. The companys collections for the quarter rose to Rs 288 crore from Rs 285 crore a year ago.

Sunteck Realty April-June pre-sales Rs 387 crore, up 16% on-year

The domestic indices rose today led by gains in consumer durables and energy stocks. The 30-share BSE Sensex climbed more than 100 points to hit a record high of 65,899, while the broader NSE Nifty scaled a fresh lifetime peak of 19,524.

Sensex, Nifty scale fresh all-time highs; Sunteck Realty up 9%; Intellect Design down 5%

YES Securities is bullish on Sunteck Realty has recommended buy rating on the stock with a target price of Rs 500 in its research report dated June 20, 2023.

Buy Sunteck Realty; target of Rs 500: YES Securities

Companies such as Macrotech Developers, Godrej Properties, Oberoi Realty, Sunteck Realty, and Prestige Estate Projects are among those poised to capitalise on this infrastructure development.

Lodha, Oberoi Realty and others poised to benefit from Mumbai’s infrastructure boom

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Sunteck Realty Limited is engaged in the business of designing, developing and managing residential and commercial properties.