Investment management firm Invesco on Wednesday divested more than 2 crore shares of real estate firm Oberoi Realty and Lodha Developers for a total of Rs 3,202 crore through open market transactions. The US-based investment firm through its affiliate Invesco Developing Markets Fund offloaded a little over 1 crore equity shares or 2.95 per cent stake in Oberoi Realty, bulk deal data on the BSE showed. The company sold shares at Rs 1,754.26 apiece, taking the deal value to around Rs 1,883.21 crore. As of the June quarter, Invesco Developing Markets Fund owned a 3.01 per cent stake in Oberoi Realty. In a separate bulk deal on the NSE, Invesco Developing Markets Fund sold 95.25 lakh shares or nearly 1 per cent stake in Mumbai-based Lodha Developers. Shares were disposed of at Rs 1,384.93 apiece, taking the total value to Rs 1,319.24 crore. Meanwhile, SBI Mutual Fund bought 40.94 lakh shares or 1.13 per cent equity stake in Oberoi Realty for Rs 718.18 crore. The shares were acquired a
At 12:03 PM; Nifty Realty, the top loser among sectoral indices, was down 3 per cent, as compared to 0.35 per cent rise in Nifty 50.
Oberoi Realty's profit after tax (AT) figure also took a hit during the first quarter of FY26 to ₹421 crore, as against ₹584.5 crore in Q1FY25
Oberoi Realty reports a 27% YoY drop in net profit for Q1 FY26, missing analysts' estimates. The company's revenue fell significantly, while gross bookings surged in new project launches
Oberoi Realty Ltd on Monday reported a 28 per cent decline in its consolidated net profit to Rs 421.25 crore for the quarter ended in June on lower income. Its net profit stood at Rs 584.51 crore in the year-ago period. Total income fell to Rs 1,073.98 crore in the first quarter of this fiscal from Rs 1,441.95 crore in the corresponding period of the preceding year. The board also declared an interim dividend for FY25-26 at the rate of Rs 2 per equity share, which is 20 per cent of the face value of equity shares of Rs 10 each. On the operational front, the company has sold properties worth Rs 1,639 crore in the April-June quarter of 2025-26 fiscal. Mumbai-based Oberoi Realty is one of the leading real estate developers in the country.
The resolution plan was approved by the committee of creditors (CoC) on July 14 following which a letter of intent was issued in favour of the consortium
Nifty50 formed a bearish candle on daily frame to close with losses of around 80 points and has started to form lower highs from the last two sessions
The company's net profit for Q4FY24 was ₹788.03 crore. The profit in Q4FY25 missed the Bloomberg analysts' poll estimate of ₹570 crore
Oberoi Realty on Monday reported 45 per cent decline in consolidated net profit at Rs 433.17 crore for March quarter FY25 due to lower income. Its net profit stood at Rs 788.03 crore in the year-ago period. Total income also fell to Rs 1,213.33 crore in January-March 2024-25 from Rs 1,558.56 crore a year ago, according to a regulatory filing. Net profit rose to Rs 2,225.51 crore in 2024-25 from Rs 1,926.60 crore a year ago. Total income increased to Rs 5,474.17 crore from Rs 4,818.77 crore. Mumbai-based Oberoi Realty is one of the leading real estate developers in the country.
The Nifty Realty index has shed 25% thus far in 2025; technical chart suggests the index can potentially slide another 19% from here on. Check key levels on top 5 realty stocks here.
Oberoi Realty, Godrej Properties, Prestige Estates were down over 3 per cent, Macro Tech Developers, Phoenix Mills, DLF, Sobha, and Brigade Enterprises slipped 2 per cent
The Supreme Court has asked the Environment Ministry and Maharashtra government to clarify the status of Sahara's 106-acre plot in Versova, Mumbai, according to reports
Shahid Kapoor, Abhishek Bachchan, D'Mart's Radhakrishna Damani and Everest Masala Group's promoter, Vratika Gupta are all owners of sea facing luxury apartments in Oberoi Realty's Three Sixty West.
The Nifty Realty index has surged 14% in the last 7 trading days, with select stocks rising up to 27% in anticipation of a rate cut in the upcoming RBI Policy. Here's technical view on realty stocks.
Technical charts suggest that stocks such as Prestige Estates, Lodha and Sobha can fall up to 32 per cent from here on, while the Nifty Realty index can crack by another 14 per cent.
The reversals come amid a broader selloff in Indian stocks, with the NSE Nifty 50 Index down 12% from its September record high
The BSE Realty index was trading at its lowest level since March 26, 2024, and has corrected by 23 per cent from its December 2024 high.
The company posted a 71.70 per cent year-on-year (Y-o-Y) increase in net profit for the third quarter of FY25 (Q3 FY25), reaching Rs 618.38 crore, compared to Rs 360.15 crore in Q3 FY24
The company posted a net profit of Rs 618.38 crore
The real-estate developer's consolidated net profit jumped 72 per cent to Rs 618 crore($71 million) for the three months ended Dec. 31