Oberoi Realty rose 2.42% to Rs 212 at 13:12 IST on BSE, with the stock recovering on bargain hunting after recent slide.
Meanwhile, the S&P BSE Sensex was up 277.30 points or 1.34% at 21,035.79.
On BSE, so far 1,261 shares were traded in the counter as against average daily volume of 9,719 shares over the past one quarter.
The stock hit a high of Rs 214.50 and a low of Rs 209.10 so far during the day. The stock had hit a record high of Rs 327.70 on 21 January 2013. The stock had hit a record low of Rs 154 on 4 September 2013.
The stock had outperformed the market over the past one month till 10 January 2014, advancing 2.99% compared with the Sensex's 2.34% fall. The scrip had also outperformed the market in past one quarter, jumping 19.21% as against Sensex's 2.4% rise.
The mid-cap company has equity capital of Rs 328.23 crore. Face value per share is Rs 10.
Shares of Oberoi Realty had declined 12.62% in four trading sessions to settle at Rs 207 on Friday, 10 January 2014 from a recent high of Rs 236.90 on 6 January 2014.
Oberoi Realty's consolidated net profit fell 48.4% to Rs 64.14 crore on 27.7% decline in net sales to Rs 185.50 crore in Q2 September 2013 over Q2 September 2012.
Oberoi Realty is a real estate developer headquartered in Mumbai.
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