Research ReportsMotilal Oswal Recommends 'Buy' On Sunteck Realty With 43% Upside Potential Citing Strong Growth Prospects
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Motilal Oswal Recommends 'Buy' On Sunteck Realty With 43% Upside Potential Citing Strong Growth Prospects
Motilal Oswal has issued a “Buy” rating on Sunteck Realty, setting a target price of Rs 561—indicating a potential upside of 43% from its current market price of Rs 393.
Sunteck Realty is one of the leading real estate developers in MMR, with a diverse presence across the South and Central, Western, and Eastern suburbs. (Photo source: Company website)
Sunteck Realty is on a project acquisition spree with an aim of doubling its gross development value every three years, guided by healthy cash flow generation. The company has adopted an asset-light strategy to maintain a lean balance sheet while accelerating execution.