Intrinsic Value

Stock has not been able to generate better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

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

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

The benchmark BSE Realty index has fallen 9 per cent year-to-date against a 6 per cent rise in the BSE Sensex. Indiabulls Real Estate, Godrej Properties, Sobha and Sunteck Realty plunged 20-50 per cent year-to-date

Can battered Sobha, Sunteck, other realty stocks replicate 2021 rally anytime soon?

LIC increased its stakes in Hindalco Industries and Sunteck Realty sequentially by 109 basis points each. In Hindalco, it held 9.20 per cent stake as of September 30 against June quarter’s 8.11 per cent

LIC upped stakes in Hindalco, Dr Reddy’s & TechM in Q2, cut stakes in TVS Motor, others

Sunteck Realty consolidated net profit declines 84.73% in the September 2022 quarter

During the quarter, the company acquired a land parcel spread over 7.25 acres in Mira Roads Beverly Park locality through a joint development agreement. The project is estimated to have development potential of around 2.5 million sq ft built up area and revenue potential of around Rs 3,000 crore.

Sunteck Realty July-September pre-sales up 24% at Rs 337 crore

The project is anticipated to have a development potential of around 2.5 million square feet of built-up area, and revenue potential of approximately Rs3,000 crore.

Sunteck Realty acquires ~7.25 acres land parcel in Beverly Park, Mira Road

The company said it has further strengthened Sunteck’s presence in the Mumbai Metropolitan Region (MMR) market. With continuous acquisitions Sunteck has gained a strong foothold in the western suburbs of Mumbai.

Sunteck Realty stock gains as company buys land parcel in Beverly Park

Sunteck Realty has entered into a joint development agreement (JDA) to undertake a 2.5 million square feet project on a 7.25 acre land parcel in Mira Road near Mumbai.

Sunteck Realty acquires 7.25 acres land in Mira Road

The company has entered into a revenue-sharing alliance with a local real estate developer for this land parcel in the Beverly Park locality of Mira Road.

Sunteck Realty inks pact for 2.5-million-sq-ft project in Mira Road near Mumbai

Jefferies has initiated coverage on Sunteck Realty shares with a Buy rating

Why Jefferies sees over 35% rally on this Indian realty stock

All constituents of Nifty Realty index advance.

Indiabulls Real Estate To Sunteck: Realty Stocks Rise As Analysts See Growth Revival

The realtor said that its pre-sales jumped 89% to Rs 333 crore in Q1 30 June 2022 over Q1 June 2021.

Sunteck Realty pre-sales jump 89% YoY in Q1

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

Sunteck Realty Ltd

Sunteck Realty Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Can battered Sobha, Sunteck, other realty stocks replicate 2021 rally anytime soon?

LIC upped stakes in Hindalco, Dr Reddy’s & TechM in Q2, cut stakes in TVS Motor, others

Sunteck Realty consolidated net profit declines 84.73% in the September 2022 quarter

Sunteck Realty July-September pre-sales up 24% at Rs 337 crore

Sunteck Realty acquires ~7.25 acres land parcel in Beverly Park, Mira Road

Sunteck Realty stock gains as company buys land parcel in Beverly Park

Sunteck Realty acquires 7.25 acres land in Mira Road

Sunteck Realty Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Can battered Sobha, Sunteck, other realty stocks replicate 2021 rally anytime soon?

LIC upped stakes in Hindalco, Dr Reddy’s & TechM in Q2, cut stakes in TVS Motor, others

Sunteck Realty consolidated net profit declines 84.73% in the September 2022 quarter

Sunteck Realty July-September pre-sales up 24% at Rs 337 crore

Sunteck Realty acquires ~7.25 acres land parcel in Beverly Park, Mira Road

Sunteck Realty stock gains as company buys land parcel in Beverly Park

Sunteck Realty acquires 7.25 acres land in Mira Road

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock