Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
27 May, 2020 06:28 IST
Sunteck promoters increase stake to 73.75% in Sunteck Realty
Source: IRIS | 10 Nov, 2016, 03.07PM
Comments  |  Post Comment

Mumbai's leading real estate development company, Sunteck Realty, with differentiated strengths across ultra-luxurious & premium residential and commercial properties, today announced that its promoters have increased their stake from 73.52% to 73.75%. This move of the promoter shows confidence in the company's growth prospects and strong fundamentals.

Kamal Khetan, chairman & managing director said, ''With strong balance sheet, robust outlook on existing & new pre-sales and cash flow visibility, we are confident that the performance of the company will continue to grow. We are very well poised to capitalize on the several opportunities opening up in the real estate industry.''

Shares of the company gained Rs 6.35, or 2.88%, to trade at Rs 227.00. The total volume of shares traded was 58,938 at the BSE (2.53 p.m., Thursday).

Sunteck Realty Limited   (Q,N,C,F)*

Comments Post comment 
 Post Comment
Name Email
Security Code type    into this box
Related Articles
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer