New Delhi, May 13 -- Today we recommend two stocks, one from the real estate sector and the other from consumer durables. We also analyse the market's performance on Monday to understand what may lie ahead for stock indices in the coming days.
1. Oberoi Realty
Current price: Rs.1,620
Target price: Rs.1,950 in 12 months
Stop-loss: Rs.1,455
Why it's recommended:In FY25 the company recorded its highest-ever revenue, up 17.5% to Rs.5,286 crore from Rs.4,496 crore in FY24. Net profit grew 15.5% YoY to Rs.2,225.5 crore from Rs.1,927 crore. Projects income grew 12% to Rs.4,106.25 crore, rental grew 48% to Rs.869.39 crore, hospitality grew 9% to Rs.191.89 crore, property management services grew 48% to Rs.73.03 crore, and other operating inc...
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