Oberoi Realty Limited
OBEROIRLTY.NS
₹1880.70
▲ 0.68%
Oberoi Realty edged up 0.68% to ₹1,880.70, holding steady after the board approved a ₹2-per-share interim dividend for the June quarter — the tenth consecutive payout at that level, underscoring a dividend policy that has stayed fixed at an annualized ₹8 per share for over two years now. The realty major also deployed ₹268.5 crore into Centerstage Realty for a project in Bandra, adding to its Mumbai-focused pipeline alongside upside flagged by Morgan Stanley from an upcoming Gurgaon launch, even as the brokerage kept an Equal-Weight rating with a ₹1,440 target. Longer term, the stock has compounded at nearly 20% annually over five years and about 15% over the past year, and with 27 analysts tracking the counter, the average target of ₹2,054.15 comes with a consensus buy tag.
CAGR Performance
| 1 Year | 2 Years | 5 Years | 10 Years |
|---|---|---|---|
| 14.80% | 3.42% | 19.28% | 20.07% |
Analyst Consensus
Average Target Price: ₹2054.15 (range ₹1240.00 - ₹2490.00) based on 27 analysts
Strong Buy: 4
Buy: 14
Hold: 7
Sell: 0
Strong Sell: 2
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