Never miss a great news story!
Get instant notifications from Economic Times
AllowNot now

You can switch off notifications anytime using browser settings.
Stock Analysis, IPO, Mutual Funds, Bonds & More

Buy Oberoi Realty, target Rs 530: Dharmesh Shah

Buy Oberoi Realty at a price target of Rs 530 and a stop loss at Rs 473 from the entry point.|
Nov 07, 2017, 08.37 AM IST
Dharmesh Shah of ICICI Direct has a buy call on Oberoi Realty with a target price of Rs 530.

The current market price of Oberoi Realty is Rs 493.80.

Time period given by the analyst is intraday when Oberoi Realty price can reach defined target.

Dharmesh Shah recommended to keep a stop loss at Rs 473.

Oberoi Realty, incorporated in the year 1998, is a Large Cap company (having a market cap of Rs 16,817.10 Crore) operating in Construction sector.

Oberoi Realty key Products/Revenue Segments include Income from Project Development which contributed Rs 664.37 Crore to Sales Value (74.58 per cent of Total Sales), Income from Hospitality which contributed Rs 125.74 Crore to Sales Value (14.11 per cent of Total Sales), Lease Rentals which contributed Rs 94.77 Crore to Sales Value (10.63 per cent of Total Sales) and Other Operating Revenue which contributed Rs 5.83 Crore to Sales Value (0.65 per cent of Total Sales)for the year ending 31-Mar-2017.

The company’s top management includes Mr.Anil Harish, Mr.Karamjit Singh Kalsi, Mr.Saumil Daru, Mr.Tilokchand P Ostwal, Mr.Venkatesh Mysore, Mr.Vikas Oberoi, Ms.Bindu Oberoi.

Company has S R B C & Co. LLP as its auditors.

As on 30-09-2017, the company has a total of 339,602,237 shares outstanding.

Also Read

Buy L&T, target price Rs 1,530: Dharmesh Shah

Buy Hindalco Industries, target price Rs 210: Dharmesh Shah

Buy JK Lakshmi Cement, target price Rs 338: Dharmesh Shah

Buy Axis Bank, target price Rs 1,530: Dharmesh Shah

Buy Ceat, target Rs 948: Dharmesh Shah

Add Your Comments
Commenting feature is disabled in your country/region.
Download The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
Disclaimer: This recommendation is analyst's own and does not represent those of & Please consult your financial advisor before taking any position in the stock/s mentioned.

Other useful Links

Follow us on

Download et app

Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service