Buy Sunteck Realty; target of Rs 700: Prabhudas Lilladher
Wed, Jan 22, 2025 12:11 PM

Buy Sunteck Realty; target of Rs 700: Prabhudas Lilladher

A Flip by Swapnil Tiwari
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Sunteck Realty reported strong pre-sales and collections in Q3, driven by its ability to market ultra-luxury projects and aggressive land acquisition in Mumbai. The company is expected to grow presales by 35% CAGR over FY24-27E, with a strong new launches pipeline and JV with IFC, supporting its 'Buy' rating with a target price of Rs. 700/share.

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