Sunteck Realty Share Price Rallies Post Q2 Results

Shares of the Mumbai-based realty company, Sunteck Realty, zoomed up

by almost 13 per cent to touch an intraday high of Rs 240.00 apiece on
the National Stock Exchange after the company reported consolidated net
profit of Rs 97.28 crores for the quarter ended 30th September 2016 as
against Rs 60.12 crores for the quarter ended 30th June 2016.
Sunteck Realty share price opened at Rs 240.00 from a previous closing
of Rs 208.55, marking a rise of 31.45 points.

About Sunteck Realty

Sunteck Realty is a Mumbai-based real estate development company, catering to the ultra-luxury as well
as luxury residential segment. The company boasts of a city centric development portfolio of about 23
million square feet spread across 25 projects at various stages of development and 4 rented assets. Of the
above mentioned portfolio, the company within a span of 4 years has completed 6 projects with a
developed area of about 2 million square feet consisting of residential and commercial developments.

The Results for the September 16 Quarter

Suntech Realty reported a consolidated net profit of Rs 97.28 crores for the quarter ended 30th September,
2016 (Q2 FY17), due to higher sales and other comprehensive income. The real estate developer had
announced a profit of Rs 60.12 crores in the previous quarter.
Total income of Suntech Realty from operations was reported at Rs 206.07 crores with an EPS of 16.22
(After Extraordinary items as well as Before Extraordinary items).
Standalone Income Statement (in Cr.)

16-Sep
Quarterly

16-Jun
Quarterly

16-Mar
Quarterly

15-Dec
Quarterly

15-Sep
Quarterly

16-Mar
Annual

3.66

5.63

5.74

7.69

30.3

Other Operating Income

32.89

64.93

127.69

1.09

4.26

133.15

Total Income From Operations

39.88

68.59

133.32

6.82

11.95

163.45

9.55

6.48

5.1

3.27

4.27

19.57

30.34
45.84
7.28

62.12
71.76
11.4

128.23
123.14
19.56

3.55
2.04
0.32

7.68
10.09
1.6

143.88
140.06
22.24

7.28

11.4

19.56

0.32

1.6

22.24

Net Sales/Income from operations

Total Expenditure
Operating Profit
PAT
EPS (Rs.) [After Extraordinary items]
EPS (Rs.) [Before Extraordinary
items]

Sunteck Realty share price performance

Sunteck Realty share price is trading at Rs 232.50, up by 11.48 per cent or 23.95 points at 11.40 AM on
NSE. The intraday low so far is Rs 226.35. A total of 4,29,473 shares of the company have exchanged
hands on the counter of NSE so far aggregating to a total value of Rs 1,004.19 lacs.
Sunteck Realty is considered as one of the top 500 shares recommended by Dynamic Level research
team. Get the historical share price performance of Sunteck Realty at Sunteck Realty share price history.

Disclaimer
The investment advice or guidance provided by way of recommendations, reports or other ways are solely the personal views of the research
team. Users are advised to use the data for the purpose of information and rely on their own judgment while making investment decision.
Dynamic Equities Pvt. Ltd - SEBI Investment Advisory Reg. No.: INA300002022

Disclosure
Dynamic Equities Pvt. Ltd. is a member of NSE, BSE, MCX SX and a DP with NSDL & CDSL. It is also engaged in Investment Advisory
Services and Portfolio Management Services. Dynamic Commodities Pvt. Ltd., associate company, is a member of MCX & NCDEX. We
declare that our activities were neither suspended nor we have defaulted with any stock exchange authority with whom we are registered.
SEBI, Exchanges and Depositories have conducted the routine inspection and based on their observations have issued advise letters or levied
minor penalty on for certain operational deviations.
Answers to the Best of our knowledge and belief of Dynamic/ its Associates/ Research Analyst: DYNAMIC/its Associates/ Research
Analyst/ his Relative:

Do not have any financial interest / any actual/beneficial ownership in the subject company.
Do not have any other material conflict of interest at the time of publication of the research report
Have not received any compensation from the subject company in the past twelve months
Have not managed or co-managed public offering of securities for the subject company.
Have not received any compensation for brokerage services or any products / services or any compensation or other benefits from
the subject company, nor engaged in market making activity for the subject company
Have not served as an officer, director or employee of the subject company

Article Written by
Nabarupa Kanjilal