Helping You Build Wealth With Honest Research
Since 1996. Read On...

MEMBER'S LOGINX

     
Invalid Username / Password
   
     
   
     
 
Invalid Captcha
   
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

OBEROI REALTY Plunges 4%; BSE REALTY Index Down 0.6%
Tue, 13 Aug 10:22

OBEROI REALTY Plunges 4%; BSE REALTY Index Down 0.6%Image source: DNY59/www.istockphoto.com

OBEROI REALTY share price has plunged 4% and is presently trading at Rs 1,746.4.

Meanwhile, the BSE REALTY index is at 8,042.2 (down 0.6%).

Among the top losers in the BSE REALTY index today are MAHINDRA LIFESPACE (down 2.2%) and Brigade Enterprises (down 1.8%).

INDIABULLS REAL EST (up 3.0%) and Phoenix Mill (up 1.1%) are among the top gainers today.

Over the last one year, OBEROI REALTY has moved up from Rs 1,088.7 to Rs 1,746.4, registering a gain of Rs 657.7 (up 60.4%).

On the other hand, the BSE REALTY index has moved up from 4,277.6 to 8,042.2, registering a gain of 88.0% during the last 12 months.

The top gainers among the BSE REALTY index stocks during this same period were Sobha (up 199.2%), PRESTIGE ESTATES (up 196.8%) and Phoenix Mill (up 99.8%).

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

What About the Benchmark Indices?

The BSE Sensex is at 79,561.2 (down 0.1%).

The top losers among the BSE Sensex today are HDFC Bank (down 2.6%) and Tata Motors (down 1.3%). The most traded stocks in the BSE Sensex are Tata Steel and HDFC Bank.

In the meantime, NSE Nifty is at 24,313.7 (down 0.1%). HDFC Bank and BPCL are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,995.8 to 79,561.2, registering a gain of 13,565.4 points (up 20.6%).

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 29.1.


Equitymaster requests your view! Post a comment on "OBEROI REALTY Plunges 4%; BSE REALTY Index Down 0.6%". Click here!