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Oberoi Realty recovers from record low

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Capital Market

Meanwhile, the S&P BSE Sensex was down 183.61 points or 0.96% at 18,857.52.

On BSE, 8,268 shares were traded in the counter as against average daily volume of 7,910 shares over the past one quarter.

The stock witnessed intraday volatility. The stock lost as much as 3.15% at the day's low of Rs 193.50 so far during the day, which is a record low for the counter. The stock surged as much as 5.1% at the day's high of Rs 210 so far during the day. The stock had hit a record high of Rs 327.70 on 21 January 2013.

 

The stock had underperformed the market over the past one month till 12 June 2013, sliding 16.77% compared with the Sensex's 5.37% fall. The scrip had also underperformed the market in past one quarter, falling 30.31% as against Sensex's 2.68% decline.

The real estate developer has equity capital of Rs 328.23 crore. Face value per share is Rs 10.

Shares of Oberoi Realty had tumbled 19.77% in twelve trading sessions to settle at Rs 199.80 on Wednesday, 12 June 2013, from a recent high of Rs 249.05 on 27 May 2013.

Oberoi Realty's consolidated net profit rose 1.1% to Rs 145.17 crore on 19.7% growth in net sales to Rs 302.75 crore in Q4 March 2013 over Q4 March 2012.

Oberoi Realty is a real estate developer headquartered in Mumbai. The company is focused on premium developments in the residential, office space, retail, hospitality and social infrastructure verticals.

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First Published: Jun 13 2013 | 3:02 PM IST

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