With the beginning of January, stock specific action has intensified. Actually, companies are presenting their third quarter performance. In this sequence, companies are first presenting updates related to their business and sales figures. On the other hand, the process of presenting results has also started. Stock specific action has intensified due to business updates and quarterly results. In this sequence, action can be seen in the stock of realty sector company Sunteck Realty in the next session. The company has released business updates related to its last quarter after the market closed on Friday.

What are the updates of December quarter?

According to the data released by the company, in the third quarter, the company's pre-sales have grown by 40 percent compared to last year and it has increased from Rs 455 crore to Rs 635 crore. In the September quarter, this figure was Rs 524 crore. At the same time, there has been a growth of 34 percent in pre-sales in the first 3 quarters and it has increased from Rs 1237 crore to Rs 1661 crore compared to the same period last year. However, the collection has come down from Rs 438 crore to Rs 336 crore compared to last year. Which was Rs 267 crore in the second quarter. At the same time, the collection in the first 9 months of the financial year has increased from Rs 940 crore to Rs 945 crore. How was the performance of the stock? In Friday's trading, the stock closed at 479 with a decline of more than 3 percent. The lowest level of the stock for the year was 380. At the same time, the highest level of the year was 698. That is, the stock is 26 percent above its lowest level. At the same time, it is 31 percent below its highest level. The stock had registered its high in mid-July. Since then, the stock has been witnessing a continuous decline.