India's Sunteck Realty jumps on strong Q2 business update

Sunteck Realty

15/10/2024 05:20

** Shares of Sunteck Realty  SUNT.NS  rise as much as 8.7%
to 602.75 rupees
    ** Real estate developer's pre-sales and collections in Q2
rise 32.7% Y/Y and 24.8% Y/Y, respectively
    ** Stock on track to snap three straight sessions of losses
    ** SUNT rated "strong buy" on avg, its median PT is 701
rupees - LSEG
    ** Stock last up 8%, taking YTD gains to 34.3%


 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))