India's Oberoi Realty rises after Q2 profit jump

Oberoi Realty

16/10/2025 09:29

** Shares of Oberoi Realty Ltd OEBO.NS rise as much as 5.9% to 1,695.7 rupees
** Real estate co reported 29% y/y rise in Q2 consol net profit to 7.6 bln rupees ($86.5 mln), rev up 34.8%
** Performance this quarter was driven by strong sustenance sales and growth across commercial, retail portfolios - Vikas Oberoi, MD, Chairman
** More than 2 mln shares traded as of 1:50 p.m. IST, 4x their 30-day moving avg
** Mean rating of stock is 'buy'; their median PT is 1,910 rupees - data compiled by LSEG
** OEBO last up 5%, cutting YTD losses to 30.7%

($1 = 87.8888 Indian rupees)

 (Reporting by Meenakshi Maidas in Bengaluru)

 ((meenakshi.maidas@thomsonreuters.com;))