Oberoi Realty is entering FY27 with one of the strongest launch pipelines seen in Mumbai’s premium real estate segment in recent years, according to ICICI Securities.
ICICI Securities has reiterated a BUY call on Oberoi Realty, setting a 12-month target price of Rs 1,830, implying an upside of about 21% from the current market price of Rs 1,516.
Godrej Properties, DLF, Oberoi Realty and Lodha Developers were among major losers as real estate stocks were facing selling pressure in today's session.
Indian markets opened positive on Monday with NSE Nifty trading 150 points higher. NSE Nifty touched intraday high at 23,806 at the time of publication of this report.
