Trending stocks: Oberoi Realty share price surges 11%

NEW DELHI: Shares of Oberoi Realty traded 11.23 per cent up in Friday 's trade at 10:06AM (IST).

Around 15185 shares changed hands on the counter. The stock opened at Rs 358.0 and touched an intraday high and low of Rs 386.6 and Rs 351.0 , respectively, in the session so far.

The stock quoted a 52-week high of Rs 641.7 and a 52-week low of Rs 294.0 .


The company said it has prepaid Rs 125 crore debt with interest amount before the due date.

Financials
Oberoi Realty Ltd., incorporated in the year 1998, is a Large Cap company (having a market cap of Rs 12437.01 Crore) operating in Real Estate sector.

For the quarter ended 31-12-2019, the company reported a Consolidated sales of Rs 527.43 Crore, up 7.32 % from last quarter Sales of Rs 491.45 Crore and down -.23 % from last year same quarter Sales of Rs 528.62 Crore. The Company reported net profit after tax of Rs 146.38 Crore in latest quarter.

Oberoi Realty Ltd. key Products/Revenue Segments include Income from Project Development which contributed Rs 731.46 Crore to Sales Value (71.10 % of Total Sales), Lease Rentals which contributed Rs 155.01 Crore to Sales Value (15.06 % of Total Sales), Income from Hospitality which contributed Rs 135.14 Crore to Sales Value (13.13 % of Total Sales) and Other Operating Revenue which contributed Rs 7.06 Crore to Sales Value (0.68 % of Total Sales)for the year ending 31-Mar-2019.

Promoter holding
Promoters held 67.70446 per cent stake in the company as of quarter ended 31st Dec 2019 .

Valuation ratio
It quoted a price-to-earnings ratio of 23.41 and price to book value of 1.73 .