Oberoi Realty Ltd
OBEROIRLTY

295.15

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

294.85

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)
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Buy
Reco. Price
Rs 293.00

Last updated on 23-Sep-2016

We recommend a BUY on the stock on account of expected improvement in Mumbai realty market. Also, revenue recognition of existing projects and new launches is expected to drive revenues. Company is trading at valuation of 15.2x of FY17E. (Target Price- Rs 340)
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50 DMA (.)
299.17
100 DMA (.)
288.03
200 DMA (.)
267.78
Weekly Range (.)
286.20
304.95
Monthly Range (.)
286.20
319.35
52 Weeks Range (.)
212.00
322.95
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