India's Sunteck Realty up after Q4 pre-sales jump

Sunteck Realty

18/04/2024 06:50

** Shares of Sunteck Realty  SUNT.NS  up ~2% at 435 rupees,
among top gainers on realty index  .NIFTYREAL 
    ** SUNT Q4 pre-sales jump ~26%, taking FY24 pre‐sales up
~20%
    ** Stock set to snap four consecutive sessions of losses
    ** SUNT only 'strong buy' rated stock in 10-member realty
index, per LSEG data
    ** Analysts median PT is 565 rupees - LSEG data
    ** Stock down 2.5% YTD vs realty index's 20.8% climb

 (Reporting by Rama Venkat in Bengaluru)
 ((ramavenkat.raman@thomsonreuters.com; https://twitter.com/ramavenkat0607;))