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By Dalal Street Investment Journal (DSIJ)
A strong debut in the NCR market has put Oberoi Realty in the spotlight. The company reported bookings of around ₹8,109 crore at its Three Sixty North project in Gurugram, boosting investor confidence and pushing the stock to a fresh 52-week high during Monday's trade.
Oberoi Realty came into focus during Monday's trading session after it announced a strong sales update for its luxury residential project in Gurugram. The stock gained more than 2.5% during the day and touched a fresh 52-week high of ₹1,986.10.
The stock has now risen for the fourth straight trading session. During this period, the stock has gained more than 10%.
The rally came after the company reported gross bookings of around ₹8,109 crore at its Three Sixty North project in Gurugram. The luxury residential project marks the company's first development in the National Capital Region.
According to the company, the project recorded bookings for around 13.52 lakh sq. ft. of RERA carpet area, equivalent to 23.10 lakh sq. ft. of saleable area. Once completed, the project will include seven residential towers, landscaped open spaces, Club Three Sixty North and a retail boulevard with cafés and lifestyle offerings.
Oberoi Realty Ltd is a Mumbai-based real estate developer with operations across residential, commercial office space, retail, hospitality and social infrastructure projects. Over the years, the company has built a strong presence in the premium real estate segment.
Following the announcement, Oberoi Realty Ltd share price rose as much as 2.7% during Monday's session and touched a fresh 52-week high of ₹1,986.10. The stock later traded at ₹1,975, up 2.10% from its previous close of ₹1,934.40.
In the past month, its share price has gained 20.98%. On a year-to-date basis, the stock is up 16.52%.
Source: Dalal Street Investment Journal (DSIJ), NSE
SEBI Registered Research Analyst (INH000006396).
Founded in 1986, Dalal Street Investment Journal (DSIJ) brings decades of experience in India’s equity markets. DSIJ's research combines fundamental analysis with price action, guided by disciplined risk management and capital preservation. They follow a structured, data-driven approach designed to help investors and traders make informed decisions beyond short-term market noise.
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