Wed, Jan 27, 2021
Oberoi Realty Q3 Review: Jefferies has raised FY21/22/23 earnings by 17%/4%/6% on higher sales. Jefferies set their target at NAV of Rs 668 (Rs 682, remove platform upside). It has maintained BUY on Oberoi Realty with new launches and price increments as triggers. Oberoi Realty's multi-year-high sales and P&L performance in Q3 has boosted management's confidence in the residential business with pricing improvement and new launches likely over the next year.
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