Oberoi Realty Ltd Share Price – NSE  / BSE

Realty, Mid Cap

The brokerage highlighted the company's robust pre-sales performance and strong cash generation as key drivers of future growth. It expects Oberoi Realty to embark on an aggressive business development strategy, with pre-sales projected to grow at a CAGR of 40% between FY24 and FY27. The brokerage also forecasts an impressive EBITDA margin of over 50%.

Oberoi Realty is a Mumbai based real estate development company. It is focused on premium developments in the residential, office space, retail, hospitality and social infrastructure projects.

The real estate developer's consolidated net profit surged 29.05% to Rs 589.44 crore on 8.42% increase in revenue from operations to Rs 1319.89 crore in Q2 FY25 over Q2 FY24.

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Oberoi Realty Ltd fell 1.91% today to trade at Rs 1982.4. The BSE Realty index is down 0.37% to quote at 7976.9. The index is up 1.93 % over last one month. Among the other constituents of the index, Godrej Properties Ltd decreased 1.67% and DLF Ltd lost 0.71% on the day. The BSE Realty index went up 41.01 % over last one year compared to the 18.23% surge in benchmark SENSEX.

Oberoi Realty Ltd has added 2.8% over last one month compared to 1.93% gain in BSE Realty index and 0.93% drop in the SENSEX. On the BSE, 3283 shares were traded in the counter so far compared with average daily volumes of 15529 shares in the past one month. The stock hit a record high of Rs 2089 on 07 Nov 2024. The stock hit a 52-week low of Rs 1268 on 24 Jan 2024.

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Oberoi Realty announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 13 November 2024 .

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The project is spread over an area of approximately 75 acres. The first phase of the development would consist of 5 residential towers with expansive gardens. The home would comprise of 3-bedroom and 3-bedroom-plus-studio apartments starting from 1475 square feet and will rise over 65 stories.

Vikas Oberoi, chairman and managing director of Oberoi Realty, said: We are thrilled by the tremendous response to the launch of our latest project at Oberoi Garden City Thane.

This project epitomizes our vision of delivering a holistic, luxurious living experience and we believe it will set a new benchmark for luxury in Thane.

Oberoi Realty is a Mumbai based real estate development company. It is focused on premium developments in the residential, office space, retail, hospitality and social infrastructure projects.

The real estate developer’s consolidated net profit surged 81.73% to Rs 584.51 crore on 54.42% increase in revenue from operations to Rs 1405.16 crore in Q1 FY25 over Q1 FY24.

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