Oberoi Realty inches up on concluding negotiations with Morgan Stanley

13 Jul 2020 Evaluate

Oberoi Realty is currently trading at Rs. 366.50, up by 0.15 points or 0.04% from its previous closing of Rs. 366.35 on the BSE.

The scrip opened at Rs. 369.50 and has touched a high and low of Rs. 376.00 and Rs. 360.05 respectively. So far 24287 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 586.10 on 16-Jul-2019 and a 52 week low of Rs. 290.10 on 22-May-2020.

Last one week high and low of the scrip stood at Rs. 381.00 and Rs. 360.00 respectively. The current market cap of the company is Rs. 13338.75 crore.

The promoters holding in the company stood at 67.70%, while Institutions and Non-Institutions held 30.43% and 1.86% respectively.

Oberoi Realty and Morgan Stanley have concluded negotiations and reached a deal for Morgan Stanley to lease up to 1.1 million square feet office space for 9.5 years from Oberoi Realty to consolidate Morgan Stanley’s Mumbai Global In-house Centre (GIC) operations to a single campus in the city. The new campus will be located at Oberoi Realty’s Commerz III building in Goregaon and will be ready in 2023. 

Oberoi Realty is engaged in construction and real estate development, and hospitality. The company’s segments include Real estate and Hospitality.

Oberoi Realty Share Price

2246.25 -41.60 (-1.82%)
20-Dec-2024 16:59 View Price Chart
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