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OBEROI REALTY Gains 4%; BSE REALTY Index Down 1.3%
Mon, 22 Jul 9:24

OBEROI REALTY Gains 4%; BSE REALTY Index Down 1.3%Image source: Sakorn BernardaSv/www.istockphoto.com

OBEROI REALTY share price has zoomed 4% and is presently trading at Rs 1,735.6.

Meanwhile, the BSE REALTY index is at 8,448.0 (down 1.3%).

Among the top gainers in the BSE REALTY index today is DLF (up 0.1%).

Phoenix Mill (down 2.3%) and Brigade Enterprises (down 2.1%) are among the top losers today.

Over the last one year, OBEROI REALTY has moved up from Rs 1,054.2 to Rs 1,735.6, registering a gain of Rs 681.5 (up 64.6%).

On the other hand, the BSE REALTY index has moved up from 4,281.2 to 8,448.0, registering a gain of 97.3% during the last 12 months.

The top gainers among the BSE REALTY index stocks during this same period were Sobha (up 233.1%), PRESTIGE ESTATES (up 215.1%) and Phoenix Mill (up 134.3%).

Dear Reader: If You Invest in Midcap Stocks, this is for You

What About the Benchmark Indices?

The BSE Sensex is at 80,272.9 (down 0.4%).

The top losers among the BSE Sensex today are Kotak Bank (down 2.7%) and Reliance Ind. (down 2.5%). The most traded stocks in the BSE Sensex are Tata Steel and ITC.

In the meantime, NSE Nifty is at 24,395.6 (down 0.6%). Wipro and Kotak Bank are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,795.1 to 80,272.9, registering a gain of 13,477.7 points (up 20.2%).

OBEROI REALTY Financial Update...

OBEROI REALTY net profit grew 82.0% YoY to Rs 5,823 million for the quarter ended June 2024, compared to a profit of Rs 3,199 million a year ago. Net sales rose 54.4% to Rs 14,052 million during the period as against Rs 9,100 million in April-June 2023.

For the year ended March 2024, OBEROI REALTY reported 1.2% increase in net profit to Rs 19,266 million compared to net profit of Rs 19,045 million during FY23. Revenue of the company grew 7.2% to Rs 44,958 million during FY24.

The current Price to earnings ratio of OBEROI REALTY, based on rolling 12 month earnings, stands at 28.9.


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