The Oberoi Realty stock gained 7.5 per cent over the last two sessions and is trading near its all-time high levels. The gains came on the back of strong September quarter bookings and expectations that the growth momentum would continue in the near term. While prospects are sound, valuations post a sharp 31 per cent rally over the last three months could cap near-term upsides.
TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.
Already a premium subscriber? LOGIN NOW
SUBSCRIBE TO INSIGHTS
What you get on Business Standard Premium?
- Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
- Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
- Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
- Pick your 5 favourite companies, get a daily email with all news updates on them.
- 26 years of website archives.
- Preferential invites to Business Standard events.