SUNTECK REALTY Plunges by 5%; BSE REALTY Index Down 1.4%
March 17, 2020 09:26 AM

SUNTECK REALTY share price has plunged 5% and is presently trading at Rs 292.

Meanwhile, the BSE REALTY Index is at 1,657 (down 1.4%).

Among the top losers in the BSE REALTY Index today are SUNTECK REALTY (down 5.3%) and PHOENIX MILL (down 5.8%).

PRESTIGE ESTATES (up 1.2%) and SOBHA LIMITED (up 1.0%) are among the top gainers today.

Over the last one year, SUNTECK REALTY has moved down from Rs 471 to Rs 292, registering a loss of Rs 178 (down 37.9%)..

The BSE REALTY has moved down from 2,000 to 1,657, loss of 343 points (down 17.2%) during the last 12 months.

The top gainers among the BSE REALTY Index stocks during this same period were GODREJ PROPERTIES (up 5.8%).

What About the Benchmark Indices?

The BSE Sensex is at 31,832 (down 0.9%). The top gainers among the BSE Sensex stocks today are TATA STEEL (up 4.0%). The most traded stocks in the BSE Sensex are ONGC and SBI.

In the meantime, NSE Nifty is at 9,315 (down 1.6%). YES BANK (up 10.0%) and TATA STEEL (up 2.5%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 38,095 to 31,832, registering a loss of 6,263 points (down 18.31%).

SUNTECK REALTY Financial Update...

SUNTECK REALTY net profit down at Rs 339 million for the quarter ended December 2019, compared to a loss of Rs 513 million a year ago. Net Sales declined 0.4% to Rs 1.9 billion during the period as against Rs 1.9 billion in October-December 2018.

For the year ended March 2019, SUNTECK REALTY reported 4.9% increase in net profit to Rs 2.4 billion compared to net profit of Rs 2.3 billion during FY18.

Revenue of the company grew 3.5% to Rs 9 billion during FY19.

The current Price to earnings ratio of SUNTECK REALTY, based on rolling 12 month earnings, stands at 24.9x.