Operationally stable quarter, but P&L lags recognition

Company
14 Nov 2024
5 Min read 
  • Sunteck Realty's 2QFY25 results update and financials.
  •  Pre-sales and collections performance in 2QFY25.
  •  Debt-free status and plans for project launches.
  •  P&L performance and revenue recognition challenges.
  •  Key management commentary on launches and guidance.
  •  Valuation and view, with a TP of INR745 (+52%).
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