Sunteck Realty surges 10.5% ahead of board meet

Sunteck Realty stock surged 10.5% after a bulk deal of 6.06 lakh shares was executed on the scrip at Rs 329.50 per share on BSE.

Oct 23, 2017 06:10 IST India Infoline News Service

Sunteck Realty stock surged 10.5% after a bulk deal of 6.06 lakh shares was executed on the scrip at Rs 329.50 per share on BSE.

The company will hold a meeting of the Board of Directors of the Company on October 25, 2017, to consider various fundraising options for the company as the Board may deem appropriate and to the extent applicable including pricing of the securities proposed to be allotted by the Company.

Sunteck Realty Ltd is currently trading at Rs 358.55, up by Rs 34.25 or 10.56% from its previous closing of Rs 324.3 on the BSE.

The scrip opened at Rs 323.25 and has touched a high and low of Rs 371.3 and Rs 317 respectively. The stock is currently trading above its 50 DMA.

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