Oberoi Realty Ltd
OBEROIRLTY

282.15

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

281.00

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)
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Buy
Reco. Price
Rs 261.00

Last updated on 22-Nov-2016

We recommend a BUY on the stock on the back of expected improvement in Mumbai realty market. Also, revenue recognition of existing projects and new launches is expected to drive top line. Company is trading at valuation of 9.2x of FY18E earnings. (Target Price- Rs 290)
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50 DMA (.)
310.34
100 DMA (.)
304.79
200 DMA (.)
281.44
Weekly Range (.)
270.25
296.95
Monthly Range (.)
248.30
377.90
52 Weeks Range (.)
212.00
377.90
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