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.
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.