Share Market Today

Sunteck Realty Shares Dip After Q4 Profit Booking

Sunteck Realty shares fall 5% on May 31 as investors book profits after Q4 results. Stock surged over 7% earlier this week.

Sunteck Realty Sees Profit Booking

Strong Q4 Performance

The real estate giant reports Q4FY24 net profit of Rs 101.3 crore, a significant recovery from a Rs 27.9 crore loss last year.

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Revenue and Pre-Sales Growth

Q4FY24 revenue jumps to Rs 426.9 crore from Rs 48.9 crore YoY. Highest-ever annual pre-sales of Rs 1,915 crore in FY24.

Others Performance

Welspun Corp shares dropped 8% due to lower guidance. Zomato stock fell 5% as Macquarie predicted fierce competition, leading to a 50% downside.

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