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Stock of the day : Buy Oberoi Realty Ltd For Target Rs.1,235 - Religare Broking Oberoi Realty Ltd * We are seeing a steady uptrend in realty sector and Oberoi Realty is leading from the front. * It has been inching gradually higher after the consolidation breakout and trading at record high. * Price action coupled with momentum in realty pack suggests bullish tone to continue. * We thus recommend creating fresh longs in the mentioned zone. Buy Oberoi Realty Ltd  CMP 1146.25; Range 1140-1150; SL 1105; Target 1235     ...
Stock of the day : Buy Oberoi Realty Ltd For Target Rs.1,235 - Religare Broking
Stock of the day : Buy Oberoi Realty Ltd For Target Rs.1,235 - Religare Broking
Source: Religare Broking Ltd
6/09/2023 10:48:07 AM
Neutral Oberoi Realty Ltd For Target Rs.1,200 - Motilal Oswal Financial Services Ltd Oberoi Realty’s stock has surged 22% in the last three months (in line with Nifty Realty), given improved macro sentiments for the real estate sector post the rate hike pause in Apr’23 and continued demand momentum. In our recent note, we highlighted that FY24 is likely to be a big launch year for OBER with INR120b of launches planned in 2HFY24 and will lead to 74% growth in pre-sales in FY24. In order to sustain a healthy 15-20% growth rate, the company would have to add new proj...
Neutral Oberoi Realty Ltd For Target Rs.1,200 - Motilal Oswal Financial Services Ltd
Neutral Oberoi Realty Ltd For Target Rs.1,200 - Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
5/08/2023 11:32:42 AM
Buy Oberoi Realty Ltd For Target Rs.1,210 - ICICI Securities FY23 a year of consolidation, FY24 a year of launches FY23 was a year of consolidation for Oberoi Realty (OBER) as it focused on, a) completion of purchase of 50% of residual inventory in its 360 West, Worli project from Oasis Realty, the JV entity where it held 32.5% stake, for Rs34bn, b) seeking fresh approvals for its two upcoming Thane projects (Pokhran and Kolshet) under the unified DCPR, and c) bringing the Commerz III office and Borivali mall projects near to completion. FY24E is al...
Buy Oberoi Realty Ltd For Target Rs.1,210 - ICICI Securities
Buy Oberoi Realty Ltd For Target Rs.1,210 - ICICI Securities
Source: ICICI Securities Ltd
26/06/2023 1:02:26 PM
Buy Oberoi Realty Ltd For Target Rs.1,140 - Motilal Oswal Financial Services INR120b of launches to drive pre-sales growth in FY24 We met Mr. Saumil Daru, CFO of Oberoi Realty (OBER), to understand the company’s launch plans in FY24, its growth prospects beyond FY24 via business development, its leasing strategy in the annuity segment, and demand sentiment in the Thane market.   Rubbing off a subdued year with strong launch pipeline * OBER ended FY23 with a relatively moderate performance due to delays in the launch of key projects. It was the only...
Buy Oberoi Realty Ltd For Target Rs.1,140 - Motilal Oswal Financial Services
Buy Oberoi Realty Ltd For Target Rs.1,140 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services
16/06/2023 12:51:48 PM
Oberoi Realty gains on the BSE Oberoi Realty is currently trading at Rs. 934.30, up by 13.40 points or 1.46% from its previous closing of Rs. 920.90 on the BSE. The scrip opened at Rs. 914.45 and has touched a high and low of Rs. 935.55 and Rs. 914.40 respectively. So far 6123 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1088.40 on 15-Sep-2022 and a 52 week low of Rs. 726.25 on 20-Jun-2022. Last one week high and low of the scrip stood at...
Oberoi Realty gains on the BSE
Oberoi Realty gains on the BSE
Source: Accord Fintech
25/05/2023 3:30:11 PM
Buy Oberoi Realty Ltd For Target Rs.1,140 - Motilal Oswal Financial Services * Oberoi Realty (OBER) reported sales bookings of INR6.7b (in line with our estimate of INR7b), which was down 27% YoY, due to the absence of any major launches and a drop in sales velocity across projects in Borivali, Goregaon, and Mulund (Enigma). Total units sold were down to 107 from 234 in 4QFY22. * After a muted performance in 3QFY23, sales at Elysian, Goregaon, have shown signs of recovery, with reported bookings of 12 units. Additionally, OBER sold three units in 360-west, Worli, f...
Buy Oberoi Realty Ltd For Target Rs.1,140 - Motilal Oswal Financial Services
Buy Oberoi Realty Ltd For Target Rs.1,140 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
18/05/2023 3:00:53 PM
India's Oberoi Realty says Q4 profit more than doubles on soaring demand  Indian real-estate developer Oberoi Realty Ltd said on Tuesday fourth-quarter profit more than doubled, boosted by strong bookings as the demand for housing saw an upswing in the country. The company reported a consolidated net profit of 4.80 billion rupees ($58.69 million) for the quarter ended March 31 from 2.32 billion rupees a year earlier. Oberoi Realty and other developers like DLF Ltd and Godrej Properties ltd saw robust sales and strong project launches during the quarter ...
India's Oberoi Realty says Q4 profit more than doubles on soaring demand
India's Oberoi Realty says Q4 profit more than doubles on soaring demand
Source: Reuters
17/05/2023 9:25:38 AM
Stock of the day : Buy Oberoi Realty Ltd For Target Rs.1,010 - Religare Broking Oberoi Realty Ltd * Realty index has witnessed a short term reversal of late, with a trend line breakout on the weekly chart. * Oberoi Realty has been among the consistent performer and currently hovering in a broader range. * It has formed a fresh base above the support zone of major moving averages. Expect to gradual inch higher. * We thus recommend accumulating in the mentioned range. Buy Oberoi Realty Ltd  CMP 939.75; Range935-945; SL 910; Target 101...
Stock of the day : Buy Oberoi Realty Ltd For Target Rs.1,010 - Religare Broking
Stock of the day : Buy Oberoi Realty Ltd For Target Rs.1,010 - Religare Broking
Source: Religare Broking Ltd
11/05/2023 11:16:36 AM
Buy Oberoi Realty Ltd For Target Rs.1,100 - Motilal Oswal Financial Services Annuity portfolio on track for significant scale up Key residential projects expected to be launched in FY24 We recently visited Oberoi Realty (OBER)’s Goregaon and Borivali projects to understand the progress of its annuity portfolio and also the sales and leasing strategies for its residential and annuity assets. Below are the key takeaways:   Annuity income to grow at 54% CAGR over FY23-26E * OBER is expecting to receive OC for Commerz III (Goregaon) by end of FY2...
Buy Oberoi Realty Ltd For Target Rs.1,100 - Motilal Oswal Financial Services
Buy Oberoi Realty Ltd For Target Rs.1,100 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
21/03/2023 11:10:18 AM
Buy Oberoi Realty Ltd For Target Rs. 1,030 - JM Financial Institutional Securities  On the lookout for potential land deals, strong cash flows Oberoi Realty (OBER) reported a steady quarter with booking value of INR 6.3bn (down 68% YoY; down 45% QoQ) as the quarter witnessed only one launch (Tower G at Sky City) and no units were sold at Three Sixty West. On the business development front, OBER acquired a land parcel at Pokhran Road, Thane, adding another 2.25msf of saleable area. Given the strong balance sheet (0.21x net debt to equity) and possibility of Three Six...
Buy Oberoi Realty Ltd For Target Rs. 1,030 - JM Financial Institutional Securities
Buy Oberoi Realty Ltd For Target Rs. 1,030 - JM Financial Institutional Securities
Source: JM Financial Institutional Securities Ltd
14/03/2023 12:11:58 PM
Buy Oberoi Realty Ltd For Target Rs.1229 - Yes Securities Thane launch on cards; NCR entry confirmed Our view Oberoi Realty (OBER) achieved presales of 0.36msf translating to sales value of Rs6.3bn wherein Sky City contributed 72% to the total sales while remaining was contributed by Eternia & Enigma and company collected 4.3bn in Q3FY23. Oberoi Mall achieved 95% operating margin over the revenue of Rs373mn. Office assets clocked revenue of Rs364mn flat q/q and declined by 8.3% y/y with an EBITDA margin of 92.4%. The Westin posted strong r...
Buy Oberoi Realty Ltd For Target Rs.1229 - Yes Securities
Buy Oberoi Realty Ltd For Target Rs.1229 - Yes Securities
Source: Yes Securities Ltd
8/03/2023 12:11:36 PM
Buy Oberoi Realty Ltd For Target Rs.988 - ICICI Securities Clarity on proposed Worli transaction emerges Oberoi Realty (OBER) has issued a clarification to stock exchanges on 24th Nov’22 w.r.t to its proposed 50% area buyout in its completed super-luxury 360 West, Worli project for a consideration of up to Rs40bn. While investors have been concerned over a possible rise in the company’s debt levels owing to this proposed transaction, the company has sought to allay these concerns and guides that this will be a cash neutral transaction ...
Buy Oberoi Realty Ltd For Target Rs.988 - ICICI Securities
Buy Oberoi Realty Ltd For Target Rs.988 - ICICI Securities
Source: ICICI Securities Ltd
13/01/2023 1:56:55 PM
Add Oberoi Realty Ltd For Target Rs.1,028 - Yes Securities Weak pre-sales weighs quarter performance Our view Oberoi Realty (OBER) achieved presales of 0.37msf translating to sales value of Rs11.6bn wherein 360 West contributed 53% to the total sales while remaining was contributed by Sky City, Elysian & Enigma and company collected 8.8bn in Q2FY23. Oberoi Mall achieved 95.5% operating margin over the revenue of Rs347mn. Office assets clocked revenue of Rs364mn higher by 4% q/q and declined by 7.1% y/y with an EBITDA margin of 92%. The West...
Add Oberoi Realty Ltd For Target Rs.1,028 - Yes Securities
Add Oberoi Realty Ltd For Target Rs.1,028 - Yes Securities
Source: Yes Securities Ltd
25/10/2022 11:40:13 AM
Diwali Fundamental Muhurat Picks By Angel One Federal Bank * Federal bank is one of India's largest old generation private sector banks. At the end of Q2 FY2023 the bank had advances of Rs. 1.61 lakh cr. And deposits of Rs 1.89 lakh cr. The bank predominantly has a secured lending book which helped limit asset quality issues during the Covid 19 pandemic. * Federal Bank has posted a good set of numbers for Q2FY23 as NII, and Advances increased by 19.1%/19.9% YoY. Provisioning for the quarter was up by mere 9% YoY because of whic...
Diwali Fundamental Muhurat Picks By Angel One
Diwali Fundamental Muhurat Picks By Angel One
Source: Angel One Ltd
22/10/2022 2:06:16 PM
Buy Oberoi Realty Ltd For Target Rs. 910 - ICICI Direct Thane launch key near term trigger for sales volumes About the stock: Oberoi Realty (ORL) is a Mumbai-focused premium real estate developer with a presence in the residential, commercial and hospitality segments. * Residential portfolio of ~15.7 mn sq ft of ongoing projects and launches provides healthy growth and cash flow visibility over the medium term Q2FY23 Results: ORL reported healthy sales value led by traction at Worli project. * The sales value was at | 1156 crore, up ~3...
Buy Oberoi Realty Ltd For Target Rs. 910 - ICICI Direct
Buy Oberoi Realty Ltd For Target Rs. 910 - ICICI Direct
Source: ICICI Direct
20/10/2022 9:59:07 AM
Buy Oberoi Realty Ltd For Target Rs. 1,050 - JM Financial Institutional Securities Oberoi Realty (OBER) booking values increased to INR 11.56bn in 2QFY23 (+39% YoY; +52% QoQ) led by traction at Three Sixty West as it sold 8 units (Booking value of INR 6.1bn; 53% of total booking values). In the absence of new launches, sustenance sales from Goregaon (Elysian), Borivali (Sky City) and Mulund (Enigma and Eternia) projects have held up well backed by overall buoyancy across Mumbai residential markets. There was no new business development during the quarter however given the s...
Buy Oberoi Realty Ltd For Target Rs. 1,050 - JM Financial Institutional Securities
Buy Oberoi Realty Ltd For Target Rs. 1,050 - JM Financial Institutional Securities
Source: JM Financial Institutional Securities Ltd
19/10/2022 9:39:59 AM
Buy Oberoi Realty Ltd For Target Rs.1,100 - Motilal Oswal Financial Services 2QFY23 earnings a mixed bag; growth triggers intact Strong pre-sales; commercial performance steady but P&L subdued * Oberoi Realty (OBER) clocked a pre-sales of INR11.5b in 2QFY23, up 39% YoY/52% QoQ and was 28% above our estimate. OBER reopened sales at its ultra-luxury project 360 West (Worli), and reported sales of eight units worth INR6b (>50% contribution). Management expects the momentum to continue. * Occupancy at Commerz I improved marginally QoQ. Revenue/EBITDA for t...
Buy Oberoi Realty Ltd For Target Rs.1,100 - Motilal Oswal Financial Services
Buy Oberoi Realty Ltd For Target Rs.1,100 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
18/10/2022 9:58:20 AM
Buy Oberoi Realty Ltd For Target Rs.988 - ICICI Securities Thane launch remains key Oberoi Realty (OBER) clocked Q2FY23 sales bookings worth Rs 11.6bn (I-sec estimate of Rs13.0bn) with the receipt of the Occupation Certificate (OC) at the company’s 360 West, Worli project in Jun’22 driving majority of sales bookings at Rs6.1bn along expected lines. The possible launch of the Thane project in H2FY23 (earlier expected in H1FY23) remains the key monitorable and management commentary is awaited from the company’s quarterly results ca...
Buy Oberoi Realty Ltd For Target Rs.988 - ICICI Securities
Buy Oberoi Realty Ltd For Target Rs.988 - ICICI Securities
Source: ICICI Securities Ltd
17/10/2022 10:38:42 AM
Stock Picks - Havells India Ltd and Oberoi Realty Ltd By ICICI Direct Havells India Ltd Buy Havells India Ltd @ 1302.00-1304.00 CMP 1313.90 Stop Loss 1289.90 Target 1316.60/1329.70 Oberoi Realty Ltd Buy Oberoi Realty Ltd @ 911-913 CMP 917.30??????? Stop Loss 921.70 Target 903.2/894.6 ??????? To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631   Above views are of the aut...
Stock Picks - Havells India Ltd and Oberoi Realty Ltd By ICICI Direct
Stock Picks - Havells India Ltd and Oberoi Realty Ltd By ICICI Direct
Source: ICICI Direct
28/09/2022 12:17:04 PM
Buy Oberoi Realty Ltd For Target Rs.1,100 - Motilal Oswal About 200 units on offer of which 69 have been sold as of Jun’22 * About 200 units on offer of which 69 have been sold as of Jun’22 * The project consists of two towers: Tower A and Tower B. * Tower A houses Hotel Ritz-Carlton upto 33 floors and 28 single-floor residential units over the hotel, having a per unit floor plate of 15,000 sqft. * Tower B is residential with 170 units consisting of 4BHK/5BHK apartments sized at 5,600/7,500 sqft (carpet area) as well as penth...
Buy Oberoi Realty Ltd For Target Rs.1,100 - Motilal Oswal
Buy Oberoi Realty Ltd For Target Rs.1,100 - Motilal Oswal
Source: Motilal Oswal Financial Services
24/08/2022 12:15:32 PM
LKP Spade : A Weekly Pick - Buy Oberoi Realty Ltd For Target Rs.1062 - LKP Securities * The stock on the daily chart has been trading in a strong uptrend with higher top and higher bottom formations intact. *The stock has formed a broadening triangle formation which is a bullish pattern. * The RSI is also trading above the level of 60 confirming the strong undertone in the near term. Buy Oberoi Realty Ltd @ Rs. 965  Stop Loss Below Rs. 916 CB Target Rs. 1013/1062  Duration 1 Week To Read Complete Report & Di...
LKP Spade : A Weekly Pick - Buy Oberoi Realty Ltd For Target Rs.1062 - LKP Securities
LKP Spade : A Weekly Pick - Buy Oberoi Realty Ltd For Target Rs.1062 - LKP Securities
Source: LKP Securities Ltd
16/08/2022 12:15:28 PM
Buy Oberoi Realty Ltd For Target Rs.988 - ICICI Securities Multiple triggers ahead Oberoi Realty (OBER) clocked Q1FY23 sales bookings worth Rs 7.6bn (I-sec estimate of Rs8.0bn) with no new launches and the quarter’s sales have tracked the typical quarterly sustenance sales of Rs8-9bn seen since Q2FY22. The launch of the Thane project in Q2FY23 and receipt of the Occupation Certificate (OC) at 360 West, Worli in Jun’22 may be the key drivers for FY23 sales. While exact timing and quantum of launches is awaited, we expect OBER to clock a...
Buy Oberoi Realty Ltd For Target Rs.988 - ICICI Securities
Buy Oberoi Realty Ltd For Target Rs.988 - ICICI Securities
Source: ICICI Securities Ltd
20/07/2022 11:57:20 AM
Buy Oberoi Realty Ltd For Target Rs.1,043 - Yes Securities Strong demand + higher APR = Accelerated CF Our view Oberoi Realty (OBER) achieved presales of 0.4msf translating to sales value of Rs7611mn for Q1FY23 guided by sustained demand for Elysian, Sky City and Eternia. OBER received OC for 360 West under DCR 2034 and is expected to witness good sales from FY23 onwards with higher average price realisations. Thane project is expected to launch in festive season (Q2/Q3 FY23) and Kolshet & Peddar road projects is in drawing stage. The West...
Buy Oberoi Realty Ltd For Target Rs.1,043 - Yes Securities
Buy Oberoi Realty Ltd For Target Rs.1,043 - Yes Securities
Source: Yes Securities Ltd
19/07/2022 11:51:14 AM
Buy Oberoi Realty Ltd For Target Rs.1,005 - JM Financial Institutional Securities Triggers ahead - Three Sixty West and Thane projects Oberoi Realty (OBER) booking values are down to INR 7.61bn in 1QFY23 (down 18% QoQ; INR 9.25bn in 4QFY22 and INR 1.7bn in 1QFY22) mainly because of seasonality and increase in stamp duties. In the absence of new launches, sustenance sales from Goregaon, Borivali and Mulund projects have held up well backed by overall buoyancy across Mumbai residential markets. A key development, Three Sixty West, Worli, has finally received its occupancy...
Buy Oberoi Realty Ltd For Target Rs.1,005 - JM Financial Institutional Securities
Buy Oberoi Realty Ltd For Target Rs.1,005 - JM Financial Institutional Securities
Source: JM Financial Institutional Securities Ltd
18/07/2022 1:00:54 PM
Oberoi Realty gains on reporting over 4-fold jump in Q1 consolidated net profit Oberoi Realty is currently trading at Rs. 857.65, up by 9.00 points or 1.06% from its previous closing of Rs. 848.65 on the BSE. The scrip opened at Rs. 872.00 and has touched a high and low of Rs. 884.50 and Rs. 846.25 respectively. So far 25486 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1051.90 on 03-Nov-2021 and a 52 week low of Rs. 643.95 on 20-Aug-2021. Last one week high and low of the scrip stood at...
Oberoi Realty gains on reporting over 4-fold jump in Q1 consolidated net profit
Oberoi Realty gains on reporting over 4-fold jump in Q1 consolidated net profit
Source: Accord Fintech
18/07/2022 11:18:00 AM
Update on Oberoi Realty Ltd By Motilal Oswal Financial Traction at Elysian and Eternia remain strong OBER released its quarterly update highlighting key business numbers for 1QFY23. Following are the key takeaways: * The value of OBER’s pre-sales dipped by 18% QoQ to INR7.5b (in line) in 1QFY23, but grew 4x YoY on a lower base. * The company booked 164 units in 1QFY23, with a cumulative area of 0.4msf, down 23% sequentially. * As per RERA, sales traction at Elysian (Goregaon) and Eternia (Mulund) remains strong as these projects...
Update on Oberoi Realty Ltd By Motilal Oswal Financial
Update on Oberoi Realty Ltd By Motilal Oswal Financial
Source: Motilal Oswal Financial Services Ltd
13/07/2022 11:38:18 AM
Oberoi Realty surges on booking 164 units in April-June quarter of FY23 Oberoi Realty is currently trading at Rs. 800.90, up by 9.50 points or 1.20% from its previous closing of Rs. 791.40 on the BSE. The scrip opened at Rs. 787.95 and has touched a high and low of Rs. 807.00 and Rs. 784.20 respectively. So far 11072 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1051.90 on 03-Nov-2021 and a 52 week low of Rs. 643.95 on 20-Aug-2021. Last one week high and low of the scrip stood at...
Oberoi Realty surges on booking 164 units in April-June quarter of FY23
Oberoi Realty surges on booking 164 units in April-June quarter of FY23
Source: Accord Fintech
8/07/2022 3:17:43 PM
Buy Oberoi Realy Ltd For Target Rs.795 - Religare Broking Religare Super Idea**   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://www.religareonline.com/disclaimer SEBI Registration number is INZ000174330   Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer
Buy Oberoi Realy Ltd For Target Rs.795 - Religare Broking
Buy Oberoi Realy Ltd For Target Rs.795 - Religare Broking
Source: Religare Broking Ltd
5/07/2022 8:45:22 AM
Buy Oberoi Realty Ltd For Target Rs.1,200 - Motilal Oswal Thane launch deferred to 1QFY23; sales momentum in ongoing projects intact As per our channel checks, OBER’s Thane launch has been pushed out to 1QFY23 (likely in Apr’22) v/s our initial expectation of an early launch in Mar’22 as the company awaits approvals. We had assumed INR6b of sales from the Thane project in 4QFY22, which will now spill over to FY23. While the delayed launch will impact our 4QFY22 presales/collections estimate, sales momentum in ongoing projects...
Buy Oberoi Realty Ltd For Target Rs.1,200 - Motilal Oswal
Buy Oberoi Realty Ltd For Target Rs.1,200 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
5/04/2022 1:17:38 PM
Add Oberoi Realty Ltd For Target Rs.1,005 - Yes Securities Superlative performance of Elysian steals show Our view OBER has achieved all-time best nine months gross presales of Rs31.5bn guided by strong demand across project while Elysian received extraordinary response since launch along with Sky City. Borivali & Goregaon project is in last leg of development so it is expected that OBER is actively scouting for land to build pipeline for next 5- 10years. We believe once all the covid-19 related restrictions are eased out totally and organi...
Add Oberoi Realty Ltd For Target Rs.1,005 - Yes Securities
Add Oberoi Realty Ltd For Target Rs.1,005 - Yes Securities
Source: Yes Securities Ltd
12/02/2022 10:34:29 AM
Hold Oberoi Realty Ltd For Target Rs.860 - Emkay Global Bhandup land acquisition - unfolding the market opportunity We view the Bhandup land acquisition by Oberoi as attractive and strategically positive. * Land acquisition details: As per media reports (ET), Oberoi has purchased a 4.2acre land parcel in Bhandup for Rs1.15bn. The total saleable area is expected to be ~1msf, with a GDV potential of ~Rs10-12bn, in our view. This qualifies the acquisition as attractive, with the land cost at 10-15% of the total sales potential. * Marginally ...
Hold Oberoi Realty Ltd For Target Rs.860 - Emkay Global
Hold Oberoi Realty Ltd For Target Rs.860 - Emkay Global
Source: Emkay Global Financial Services Ltd
17/01/2022 2:16:53 PM
Buy Oberoi Realty Ltd For Target Rs.1,205 - Edelweiss Financial Services Q3FY22 sales: Blockbuster performance The trend of realty companies clocking strong pre-sales continued with Oberoi Realty (OBER) notching up Q3FY22 pre-sales of ~INR19.7bn (up 102% YoY/137% QoQ). The company sold 371 units during the quarter (200 in Q2FY22 and 234 units in Q3FY21). Bookings were aided by the launch of a new tower in the Elysian project at Goregaon in Oct-21. 9mFY22 sales at INR29.6bn are up 124% YoY. With its Thane project lined up for a launch and the housing cycle po...
Buy Oberoi Realty Ltd For Target Rs.1,205 - Edelweiss Financial Services
Buy Oberoi Realty Ltd For Target Rs.1,205 - Edelweiss Financial Services
Source: Edelweiss Financial Services Ltd
15/01/2022 10:47:17 AM
Hold Oberoi Realty Ltd For Target Rs.944 - ICICI Securities Festive fervour drives strong sales performance As per its Q3FY22 operations update, Oberoi Realty (OBER) has clocked Q3FY22 sales bookings of Rs19.7bn (up 137% QoQ) which is significantly ahead of Isec estimate of Rs13.3bn. The QoQ uptick in sales is along expected lines as the company had launched Elysian Tower B in Goregaon in the last week of Oct’21 and had sold inventory worth Rs7.9bn within a week of the launch. In Q2FY22, the company had clocked sustenance sales of Rs8.3bn wit...
Hold Oberoi Realty Ltd For Target Rs.944 - ICICI Securities
Hold Oberoi Realty Ltd For Target Rs.944 - ICICI Securities
Source: ICICI Securities Ltd
10/01/2022 11:01:14 AM
Oberoi Realty surges on reporting over two-fold jump in sales bookings in Q3 Oberoi Realty is currently trading at Rs. 928.30, up by 17.80 points or 1.95% from its previous closing of Rs. 910.50 on the BSE. The scrip opened at Rs. 945.00 and has touched a high and low of Rs. 949.20 and Rs. 925.00 respectively. So far 34826 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1051.90 on 03-Nov-2021 and a 52 week low of Rs. 509.85 on 28-Jan-2021. Last one week high and low of the scrip stood a...
Oberoi Realty surges on reporting over two-fold jump in sales bookings in Q3
Oberoi Realty surges on reporting over two-fold jump in sales bookings in Q3
Source: Accord Fintech
10/01/2022 10:24:41 AM
Key News - Reliance Industries Ltd, Bajaj Hindusthan Ltd, Oberoi Realty Ltd, Equitas Holdings Ltd, Alliance Air By ARETE Securities Key News Reliance to buy control of New York's Mandarin Oriental hotel for $98 mn Reliance Industries Ltd is paying nearly $100 million for a controlling stake in Mandarin Oriental New York, a five-star hotel in midtown Manhattan, through the purchase of its Cayman Islands-based parent. The company said the acquisition of Columbus Centre Corp (Cayman), an indirect owner of a 73.37 per cent stake in Mandarin Oriental New York, by Reliance Industrial Investments and Holdings Ltd would...
Key News - Reliance Industries Ltd, Bajaj Hindusthan Ltd, Oberoi Realty Ltd, Equitas Holdings Ltd, Alliance Air By ARETE Securities
Key News - Reliance Industries Ltd, Bajaj Hindusthan Ltd, Oberoi Realty Ltd, Equitas Holdings Ltd, Alliance Air By ARETE Securities
Source: ARETE Securities Ltd
10/01/2022 9:19:46 AM
Quote on Buy rating for Oberoi Realty By Mr. Yash Gupta, Angel One Ltd Below is quote on Buy rating for Oberoi Realty By Mr. Yash Gupta, Equity Research Analyst, Angel One Ltd Oberoi Realty is a real-estate company, focusing on the MMR region. Company having business vertices of residential and commercial real-estate. Company has reported a strong set of numbers in Q2FY22, we expect residential real-estate growth momentum to continue for the next couple of quarters as in Q3FY22 company has launched Elysian Tower B in Goregaon alo...
Quote on Buy rating for Oberoi Realty By Mr. Yash Gupta, Angel One Ltd
Quote on Buy rating for Oberoi Realty By Mr. Yash Gupta, Angel One Ltd
Source: Angel One Ltd
7/01/2022 3:20:15 PM
Hold Oberoi Realty Ltd For Target Rs.944 - ICICI Securities Set for a cracker of a festive season Oberoi Realty (OBER) has clocked Q2FY22 sales bookings of Rs8.3bn with no new launches and this performance is close to Q4FY21 sustenance sales which were at Rs9.7bn excluding Elysian Goregaon Tower A launch. OBER has recently launched Elysian Tower B in the last week of Oct’21 and has already sold inventory worth Rs7.9bn within a week of the launch. OBER is targeting further launches in H2FY22 across Thane and Borivali to coincide with the festi...
Hold Oberoi Realty Ltd For Target Rs.944 - ICICI Securities
Hold Oberoi Realty Ltd For Target Rs.944 - ICICI Securities
Source: ICICI Securities Ltd
6/11/2021 10:04:47 AM
Emargin Positional Pick - Buy Oberoi Realty Ltd​​​​​​​ For Target Rs. 1080 - HDFC Securities Emargin Positional Pick - Buy Oberoi Realty Ltd For Target Rs. 1080 - HDFC Securities * After showing sharp upmove in the later part of Sept-21, the Realty stock has shifted into a sideways range movement in the next 4-5 weeks. * Presently, the stock price is making an attempt to stage upside breakout of the range movement at Rs 990 levels. Hence, a sustainable move above this area could have a sharp positive impact on the stock price. * We observe a for...
Emargin Positional Pick - Buy Oberoi Realty Ltd​​​​​​​ For Target Rs. 1080 - HDFC Securities
Emargin Positional Pick - Buy Oberoi Realty Ltd​​​​​​​ For Target Rs. 1080 - HDFC Securities
Source: HDFC Securities Ltd
2/11/2021 12:30:31 PM
Buy Oberoi Realty Ltd For Target Rs.1,001 - Yes Securities Robust pre-sales, Thane deferred again Our view OBER has exhibited strong pre-sales for Q2FY22 on the back of strong demand in the residential space. With bottoming vacancy levels for office and increased enquires for new lease gives us confidence that Commerz-III lease should happen smoothly once it is commissioned. Additionally, The Westin’s recovery and Malls timely reopening (just around festive season) will allow OBER to fully recover from the Covid-19 disruption.   ...
Buy Oberoi Realty Ltd For Target Rs.1,001 - Yes Securities
Buy Oberoi Realty Ltd For Target Rs.1,001 - Yes Securities
Source: Yes Securities Ltd
2/11/2021 11:07:06 AM
Oberoi Realty jumps on launching new tower in Elysian project Oberoi Realty is currently trading at Rs. 953.95, up by 48.40 points or 5.34% from its previous closing of Rs. 905.55 on the BSE. The scrip opened at Rs. 937.80 and has touched a high and low of Rs. 974.95 and Rs. 936.90 respectively. So far 82542 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1007.00 on 14-Oct-2021 and a 52 week low of Rs. 424.00 on 14-Nov-2020. Last one week high and low of the scrip stood a...
Oberoi Realty jumps on launching new tower in Elysian project
Oberoi Realty jumps on launching new tower in Elysian project
Source: Accord Fintech
1/11/2021 10:14:47 AM
Key News - Reliance Retail Ventures Ltd, Oberoi Realty Ltd, IndiGo Ltd, National Company Law Appellate Tribunal, Piramal Enterprises Ltd, Emami Ltd By ARETE Securities Key News Reliance Retail Ventures brings 7-Eleven to India after Future exit Reliance Retail Ventures (RRVL), the country’s largest retailer with over 12,800 active stores, is all set to enter the fast-growing convenience store segment after it struck a crucial franchisee deal with American major 7- Eleven, Inc (SEI). Days after 7-Eleven’s franchise deal with Future Retail (FRL) fell through, RRVL grabbed the master franchisee for the Dallas-based convenience brand for the I...
Key News - Reliance Retail Ventures Ltd, Oberoi Realty Ltd, IndiGo Ltd, National Company Law Appellate Tribunal, Piramal Enterprises Ltd, Emami Ltd By ARETE Securities
Key News - Reliance Retail Ventures Ltd, Oberoi Realty Ltd, IndiGo Ltd, National Company Law Appellate Tribunal, Piramal Enterprises Ltd, Emami Ltd By ARETE Securities
Source: ARETE Securities Ltd
8/10/2021 9:09:55 AM
Buy Oberoi Realty Ltd For Target Rs.792 - ICICI Securities All eyes on upcoming launches Oberoi Realty’s (OBER) Q1FY22 results were a washout along expected lines with quarterly sales bookings of just Rs1.7bn and mall/hotel operations also being impacted owing to the second Covid wave in Mumbai. While Q2FY22 is also expected to be a muted quarter owing to Covid impact, OBER is targeting launches in H2FY22 across Thane and Borivali/Goregaon and other ongoing projects to coincide with the festive season. While exact timing and quantum of la...
Buy Oberoi Realty Ltd For Target Rs.792 - ICICI Securities
Buy Oberoi Realty Ltd For Target Rs.792 - ICICI Securities
Source: ICICI Securities
8/09/2021 9:56:35 AM
Buy Oberoi Realty Ltd For Target Rs.830 - ICICI Direct Second wave impacts sales volume… About the stock: Oberoi Realty (ORL) is a Mumbai-focused premium real estate developer with a presence in the residential, commercial and hospitality segments. * Residential portfolio of ~13.4 mn sq ft of ongoing projects and further launches in FY22 provide strong growth and cash flow visibility over the medium term with superior product quality, timely delivery record and strong balance sheet   Q1FY22 Results: ORL reported weak Q1FY2...
Buy Oberoi Realty Ltd For Target Rs.830 - ICICI Direct
Buy Oberoi Realty Ltd For Target Rs.830 - ICICI Direct
Source: ICICI Direct
7/09/2021 11:49:38 AM
Buy Oberoi Realty Ltd For Target Rs. 1,001 - Yes Securities Our view and valuation: Good residential sales for a month of active operations in quarter * We have accommodated for expected price hikes (2‐3% escalations which we earlier considered ‐ive) for residential projects on the back of growing input cost. We believe OBER’s sales velocity to increase from coming quarters, hence we have shortened project cycle. Residential business valued at Rs67.4bn (Rs185/share). * We assumed company to actively add redevelopment projects of at...
Buy Oberoi Realty Ltd For Target Rs. 1,001 - Yes Securities
Buy Oberoi Realty Ltd For Target Rs. 1,001 - Yes Securities
Source: Yes Securities
3/08/2021 11:17:29 AM
Quote on Oberoi realty results and outlook by Mr. Yash Gupta, Angel Broking Ltd Below is quote on Oberoi realty results and outlook by Mr. Yash Gupta, Equity Research Associate, Angel Broking Ltd    Oberoi realty has reported numbers in line with market expectations. Cash flow has improved significantly in Q1FY2022 after the hit in FY2021. Revenue from residential real-estate business has jumped 4x due to low base in Q1FY21. We have seen good demand in the residential sector but the commercial sector is still not showing any sig...
Quote on Oberoi realty results and outlook by Mr. Yash Gupta, Angel Broking Ltd
Quote on Oberoi realty results and outlook by Mr. Yash Gupta, Angel Broking Ltd
Source: Angel Broking Ltd
30/07/2021 12:46:08 PM
Key News - Jyothy Laboratories Ltd, Reliance Jio, Container Corporation of India Ltd, Union Bank of India Ltd, Indus Towers Ltd, Oberoi Realty Ltd by ARETE Securities Key News Jyothy Labs Q1 profit down 20% at Rs 40.20 crore on high input cost Homegrown FMCG firm Jyothy Labs on Thursday reported 19.61 per cent decline in consolidated net profit at Rs 40.20 crore for June quarter 2021- 22 on account of increase in input cost. It had posted a net profit of Rs 50.01 crore in April-June period of the last fiscal year, Jyothy Labs said in a regulatory filing. However, revenue from operations was up 23.94 per cent to Rs 525.40 crore during the period under...
Key News - Jyothy Laboratories Ltd, Reliance Jio, Container Corporation of India Ltd, Union Bank of India Ltd, Indus Towers Ltd, Oberoi Realty Ltd by ARETE Securities
Key News - Jyothy Laboratories Ltd, Reliance Jio, Container Corporation of India Ltd, Union Bank of India Ltd, Indus Towers Ltd, Oberoi Realty Ltd by ARETE Securities
Source: ARETE Securities Ltd
30/07/2021 8:46:41 AM
MTF Stock Pick  Buy Oberoi Realty Ltd For Target Rs. 780 - HDFC Securities MTF Stock Pick  Buy Oberoi Realty Ltd For Target Rs. 780 - HDFC Securities  TECHNICAL OBSERVATIONS On 3rd June, stock surpassed the crucial double top resistance of 630 on closing basis Volumes have been building up in the stock for last 3 Weeks along with the price rise Realty Sector has started getting traction in last one month Oberoi Realty is one of the best placed stock from real estate sector technically Stock is placed above al...
MTF Stock Pick  Buy Oberoi Realty Ltd For Target Rs. 780 - HDFC Securities
MTF Stock Pick  Buy Oberoi Realty Ltd For Target Rs. 780 - HDFC Securities
Source: HDFC Securities Ltd
8/06/2021 12:36:30 PM
Buy Oberoi Realty Ltd For Target Rs.647 - ICICI Securities New launches drive record sales bookings Oberoi Realty (OBER) recorded its highest ever quarterly sales bookings at Rs20.5bn driven by strong response to the new Goregaon tower launch (Elysian) and launch of 6th tower in Borivali project. While Q1FY22 is expected to be a muted quarter owing to second Covid wave impact, OBER is targeting launches in H2FY22 across Thane and other ongoing projects. While exact timing and quantum of launches is awaited, we expect OBER to clock at least Rs25bn ...
Buy Oberoi Realty Ltd For Target Rs.647 - ICICI Securities
Buy Oberoi Realty Ltd For Target Rs.647 - ICICI Securities
Source: ICICI Securities Ltd
4/06/2021 12:04:05 PM