ICICI Securities Limited
Oberoi Realty (OBER) reported muted Q1FY24 sales bookings of INR4.8bn with nil sales in 360 West, Worli and no new launches during the quarter. However, the balance of FY24E is all set to see heavy launches with both Thane launches (Pokhran and Kolshet) set to be finally launched, along with a new tower at Elysian, Goregaon and completed Worli/Mulund/Borivali inventory.
Oberoi Realty Ltd. is trading at high volume of 2.0M with price gain of 5.96.
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