India, Oct. 27 -- The Nifty 50 was trading at 22,762.80, up 0.03%. Meanwhile, Sensex also fell 0.02% to 73,594.18 on Tuesday. Meanwhile, Shares of Sunteck Realty were trading at Rs. 279.40, up 2.03 percent from previous close of Rs. 273.85. The stock opened at Rs. 285.00 and reached an intraday high of Rs. 299.30 and low of Rs. 275.60. The company currently has a market capitalization of Rs. 4,065 crores.

Real estate developers earn in an unusual rhythm. Sales are booked when a buyer signs, cash arrives in instalments as construction progresses, and profit is recognised only when projects are completed. That is why investors in the sector watch pre-sales, collections and land additions as closely as the quarterly profit figure. Those th...