Oberoi Realty Ltd.

BSE: 533273 | NSE: OBEROIRLTY
Mid Cap | Construction - Real Estate
1667.45
58.70 (3.65%)
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Oberoi Realty trades jubilantly on reporting decent Q2 numbers

Date: 22-10-2012

Oberoi Realty is currently trading at Rs. 279.80, up by 10.80 points or 4.01% from its previous closing of Rs. 269.00 on the BSE.

The scrip opened at Rs. 274.00 and has touched a high and low of Rs. 284.80 and Rs. 268.50 respectively. So far 28894 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 322.90 on 21-Feb-2012 and a 52 week low of Rs. 205.05 on 11-Jan-2012.

Last one week high and low of the scrip stood at Rs. 284.80 and Rs. 261.00 respectively. The current market cap of the company is Rs. 8888.56 crore.

The promoters holding in the company stood at 78.49% while Institutions and Non-Institutions held 10.90% and 10.62% respectively.

Oberoi Realty has reported results for second quarter ended September 30, 2012.

The company has posted a rise of 6.82% in its net profit at Rs 58.54 crore for the quarter ended September 30, 2012 as compared to Rs 54.80 crore for the same quarter in the previous year. Total income has increased by 14.59% at Rs 154.53 crore for quarter under review as compared to Rs 134.85 crore for the quarter ended September 30, 2011.

The company is a real estate development company operating in Mumbai, focused on premium developments. The company has established a strong brand and a successful track record in the real estate industry by developing innovative projects through its emphasis on contemporary architecture, strong project execution and quality construction.