This realty company's sales booking shot up over 6 times!

This realty company's sales booking shot up over 6 times!

by 5paisa Research Team Last Updated: Apr 21, 2023 - 01:50 pm 930 Views
Listen icon

The company reported sales booking worth Rs 6,023 crore in Q4FY23. 

Quarterly performance 

Oberoi Realty’s sales bookings grew over 6 times to worth Rs 6,023 crore in Q4FY23, as compared to Rs 925 crore a year ago. Units booked in Q4FY23 stood at 207 as against 234 units booked in Q4FY22. Further, the company ended the financial year 2022-23 with sales bookings worth Rs 8,572 crore, about 2.2 times as compared to Rs 3,889 crore a year ago.

During the quarter Oberoi Constructions (a wholly owned subsidiary of Oberoi Realty) retired as a member and constituent of Oasis Realty, an unincorporated association of persons, on March 3, 2023. For the period from January 1, 2023, to March 3, 2023, Oasis Realty has sold 63 units amounting to Rs 3,403 crore of Booking value to Oberoi Realty.

Share price movement 

Oberoi Reality is currently trading at Rs 873.05, down by 38.30 points or 4.20% from its previous closing of Rs 911.35 on the BSE.

The scrip opened at Rs 912.25 and has touched a high and low of Rs 929.15 and Rs 870 respectively. So far 51,666 shares were traded on the counter.

The BSE group 'A' stock of face value of Rs 1 has touched a 52-week high of Rs 1,088.40 and a 52-week low of Rs 726.25. The current market cap of the company is Rs 31,791.56 crore.

The promoters holding in the company stood at 67.71%, while Foreign Institutions and Domestic Institutions held 17.77% and 12.11% respectively.

Company profile 

Oberoi Realty Limited is a public limited company incorporated in India under the provisions of the Companies Act. It is headquartered in Mumbai, India. The shares of the company are listed on the Bombay Stock Exchange Limited and the National Stock Exchange of India Limited.

Oberoi Realty is engaged in construction and real estate development, and hospitality. The company’s segments include real estate and hospitality. 

Share Market Today


How do you rate this article?

Start Investing in 5 mins*

Rs. 20 Flat Per Order | 0% Brokerage

378X91-D3

About the Author

Our research team is composed of some highly qualified research professionals, their expertise range across sectors.

Disclaimer

Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites and Derivatives can be substantial. Also, The
Enjoy 0%* Brokerage with 5paisa
Resend OTP
Please Enter OTP
Mobile No. belongs to

By proceeding, you agree to the T&C.