Oberoi Realty open to land buys, joint development deals across Delhi-NCR
Oberoi Realty launched an initiative.
· BS Companies
Chairman Vikas Oberoi says the developer is exploring land purchases and joint development agreements across Delhi, Noida and Gurugram, while some launches await regulatory…
The analysis
Against that, the stock is -1.6% on the day at ₹1,676.40, and has returned -11.2% over three months. It sits 14% below its 52-week high. The real estate sector has moved -12.1% over the same period, so Oberoi Realty is running 0.9 points ahead of its peers.
For Oberoi Realty, the question is how much of this is already reflected in the price and how much re-rates the real estate peer set alongside it.
Market context
- The company directly in focus is OBEROIRLTY.
- Sector exposure: Real Estate.
In this story
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