Sunteck Realty Limited - Operational Updates for Q1 FY23

Sunteck Realty Limited has announced key operational updates for Q1 FY23:

Pre-Sales: The company had pre-sales of ~Rs 333 crores in Q1 FY23, up 89% on YoY basis.

Collections: The company reported collections of ~ Rs 285 crores in Q1 FY23, up 66% on YoY basis. Additionally, collections efficiency for Q1 FY23 stood at 86%.

The new project launches over the forthcoming quarters along with sales momentum in ongoing projects, shall lead to continued growth impetus in the pre-sales and cash flows of the company and thereby grow our market share.

Shares of Sunteck Realty Limited was last trading in BSE at Rs. 507.25 as compared to the previous close of Rs. 506.20. The total number of shares traded during the day was 31214 in over 2696 trades.

The stock hit an intraday high of Rs. 512.00 and intraday low of 503.00. The net turnover during the day was Rs. 15824678.00.

Source : Equity Bulls

Keywords

SunteckRealty INE805D01034 OperationalUpdate Q1FY2023