New Delhi, Feb. 27 -- Shares of Sunteck Realty recovered from its 52-week low on Thursday after its promoter raised stake in the real estate firm.
Sunteck Realty's promoter group has increased its stake in the company through open market purchases. As per regulatory filings, the promoters acquired an additional 19,400 equity shares, raising their shareholding from 63.24 percent to 63.25 percent.
The acquirers in this transaction include Eskay Infrastructure Development Private Limited and SW Capital Private Limited, which are part of the Sunteck Realty promoter group. Other prominent members of the promoter group include Kamal Khetan, Manisha Kamal Khetan, and various family trusts such as Matrabhav Trust, Paripurna Trust, and Astha Tru...
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