Let's have a look at the technical chart of Oberoi Reality, on weekly chart you can see strong breakout above the resistance of 612 and now it 's in the uncharted territory. From Technical Chart we can derive a target of 1042 in next 6-9 months time frame.
Company is having decent Market Cap of ₹ 24,116 Cr & it is almost a debt free company, in the real estate sector excellent performer and it's revenue is rising is a good sign. Company Reserves are rising and company EPS is stable to rising , promoter holding is 67.70%. FII and DII holding at about 29% so hardly few quantum of shares are available with the retail investors.
This is a great techno-funda pick for the next one year which can fetch excellent returns.
For Educational Purpose Only.
If you like this post do like, share and comment what you feel about the company.