Tue, Jan 23, 2024
As of 10:11 a.m., Oberoi Realty stock traded 8.5 per cent or Rs 127, lower at Rs 1,376.05. The market capitalisation of the company stood at Rs 50,131.66 crore at around the same time.
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Fri, Jan 29, 2021
Oberoi Realty surprised positively as revenue jumped to 1.5x/2.6x YoY/QoQ. Booking value also jumped to Rs 9.7 bn during the quarter (vs 3.3 bn in Q3 FY20). We expect the momentum to continue for ORL, given the stamp duty cut, low- interest rate, strong brand recognition and market consolidation. Residential launches remain on track to hit the market from Q4 FY21 in Borivali, Goregaon and Thane. Platform deals for commercial assets are off-the table for the time being.
Fri, Jan 27, 2017
Vikas Oberoi, Chairman & Managing Director, Oberoi Realty Limited said, "While initially demonetisation did its short-term consequences, we are confident that the sales volume will be more than restored in coming quarters of 2017."
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