Sunteck Realty gains as board approves stock-split plan

Sunteck Realty rose 1.57% to Rs 470 at 09:17 IST on BSE after the company's board of directors approved a 2-for-1 stock-split proposal.

The announcement was made after market hours yesterday, 8 June 2017.

Meanwhile, the BSE Sensex was down 73.41 points, or 0.24%, to 31,139.95. The BSE Small-Cap index was up 6.14 points, or 0.04%, to 15,478.69.

On the BSE, so far 279 shares were traded in the counter, compared with average daily volumes of 81,929 shares in the past one quarter. The stock had hit a high of Rs 470 and a low of Rs 469 so far during the day. The stock hit a 52-week high of Rs 533 on 29 May 2017. The stock hit a 52-week low of Rs 173.95 on 22 November 2016.

 

The small-cap company has equity capital of Rs 12.60 crore. Face value per share is Rs 2.

Sunteck Realty's net profit surged 682.97% to Rs 28.97 crore on 67.99% rise in total income to Rs 130.34 crore in Q4 March 2017 over Q4 March 2016.

Sunteck Realty is a Mumbai-based real estate development company, catering to the premium ultra-luxury and luxury residential segment.

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