Realty shares of Oberoi Realty Ltd were exchanging the green with the Nifty Realty list trading 1.35 percent up at 206.75 around 10:44 am on October 24, 2018. Shares of Oberoi Realty ascended more than 4 percent as the organization has detailed more than two- fold hop in its United net benefit for the second quarter of this fiscal.
Shares of Oberoi Realty (up 4.93 percent), Indiabulls Real Estate (up 1.62 percent), DLF (up 1.11 percent) and Sunteck Realty (up 1.09 percent), were the best gainers in the list.
The stock hopped 4.11 percent to end at Rs 394.15 on the BSE. Intraday, it rose 7.46 percent to Rs 406.85. On the NSE, the stock climbed by 3.76 percent to close at Rs 394.55.
Oberoi Realty Ltd had on October 22, 2018, revealed more than a two-overlap bounce in its merged net benefit at Rs 213.83 crore for the second quarter of this financial. Its net benefit remained at Rs 104.32 crore in the year-prior period, the Mumbai-based organization said in a regulatory filing.
Phoenix Mills (up 0.71 percent), Prestige Estates Projects (up 0.29 percent) and Sobha (up 0.15 percent) as well, were among best performers.
Benchmark NSE Nifty50 list was up 42 points at 10,188.8 while BSE Sensex was up 143.77 at 33,991 around then.
Among the 50 stocks in the Nifty list, 26 were exchanging the green, while 24 were in the red. Shares of YES Bank, SBI, ICICI Bank, BPCL, Ambuja Cements, Indian Oil Corp, Tata Motors, HPCL, and L&T Fin Holding were among the most exchanged shares on the National Stock Exchange, according to the report of Economic Times.
Consolidated income of Oberoi Realty Ltd rose 95 percent to Rs 592.11 crore amid July-September quarter of 2018-19 monetary against Rs 303.52 crore in the comparing time of the earlier year, according to the report of Thehindubusinessline.
The post Oberoi Realty Ltd Jumps Five Percent; Realty Shares Trade In Green appeared first on OWLT Market.
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