BUY : 502 - 510
SL : 425 ( Trail SL based on Price Movement)
TARGET 1 ---- 565 ( 12.5 % from Entry)
TARGET 2 ---- 655 ( 30 % from Entry )
TRADING VIEW CHART LINK
ABOUT COMPANY
Sunteck Realty Limited is a Mumbai-based real estate developer focused on developing premium residential and commercial properties across Mumbai Metropolitan Region.
PROS
Company has reduced debt.
Company is expected to give good quarter
Company has been maintaining a healthy dividend payout of 29.30%
CONS
Stock is trading at 2.57 times its book value
Company has low interest coverage ratio.
Company has a low return on equity of 4.20% for last 3 years.
Company has high debtors of 199.29 days.
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