- Oberoi Realty‘s net income for the second quarter reached 5.89 billion rupees, surpassing estimates of 5.2 billion rupees and marking a 29% year-over-year increase.
- Revenue for the company rose to 13.2 billion rupees, up 8.2% from the previous year, and exceeded the anticipated 12.92 billion rupees.
- Total costs decreased by 11% year-over-year, amounting to 5.79 billion rupees.
- The company’s current stock ratings include 8 buys, 11 holds, and 5 sells.
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A look at Oberoi Realty Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Oberoi Realty Ltd. shows a promising long-term outlook. With strong scores in Growth and Momentum, the company seems poised for future expansion and market traction. Their emphasis on premium developments in Mumbai aligns with their Growth score, indicating potential for continued success in the luxury real estate market.
Oberoi Realty’s balanced scores across Value, Dividend, and Resilience suggest a stable foundation for growth. While not the highest in these categories, their consistent ratings indicate a company that values prudent financial management and is committed to delivering value to its stakeholders over the long term. With a focus on resilience and maintaining dividends, Oberoi Realty appears well-positioned to weather market fluctuations and provide returns to investors.
Summary: Oberoi Realty Ltd. is a Mumbai-based real estate development company specializing in high-end residential projects while also having a diverse portfolio across various segments of the real estate market catering to upscale clientele.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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