Motilal Oswal Recommends 'BUY' on Sunteck Realty, Sets Target at Rs 567
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Moneycontrol•30-01-2026, 21:03
Motilal Oswal Recommends 'BUY' on Sunteck Realty, Sets Target at Rs 567
- •Motilal Oswal maintains a 'BUY' rating for Sunteck Realty with a revised target price of INR 567, indicating a 52% upside.
- •Sunteck Realty reported pre-sales of INR 7.3 billion in 3QFY26, a 16% YoY increase, and INR 20.9 billion in 9MFY26, up 26% YoY.
- •Collections for 3QFY26 were INR 3.2 billion, down 5% YoY, while 9MFY26 collections reached INR 10.0 billion, up 6% YoY.
- •The company's net debt-to-equity ratio increased to 0.07x in 3QFY26 from 0.04x QoQ.
- •Sunteck Realty acquired a 1.75-acre land parcel in Andheri, Mumbai, with a Gross Development Value (GDV) potential of approximately INR 25 billion.
Why It Matters: Motilal Oswal recommends buying Sunteck Realty, projecting a significant upside despite mixed quarterly results.
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