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3 stories mentioning NSE:OBEROIRLTY

Every FINWIRES story that references NSE:OBEROIRLTY, newest first.

Asia

Oberoi Realty Invests Additional INR2.69 Billion in Wholly-Owned Subsidiary

Oberoi Realty (NSE:OBEROIRLTY, BOM:533273) has invested an additional 2.69 billion Indian rupees in its wholly-owned subsidiary, Centerstage Realty, through the acquisition of shares on a rights basis, according to a Tuesday filing to the Indian stock exchanges.The real estate developer acquired around 268.5 million equity shares of 10 rupees each of Centerstage.Centerstage was incorporated on June 2 as a wholly owned subsidiary of the company with an initial paid-up share capital of 100,000 rupees and is the special purpose vehicle for a development project on the railway land in Mumbai, India.The company's shares were down nearly 1% in recent trade.

BOM:533273NSE:OBEROIRLTY
Asia

Jefferies Adjusts Oberoi Realty's Price Target to INR1,735 From INR1,680, Keeps at Hold

Oberoi Realty (NSE:OBEROIRLTY, BOM:533273) has an average rating of overweight and mean price target of 1,766.89 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

BOM:533273NSE:OBEROIRLTY
Asia

Larsen & Toubro's Buildings and Factories Business Bags Orders Worth Up to INR25 Billion

Larsen & Toubro (NSE:LT, BOM:500510), through its buildings and factories business vertical, has secured "significant" orders, worth 10 billion Indian rupees to 25 billion rupees, in India, according to a Thursday filing to the Indian stock exchanges.The company has bagged an order from Oberoi Realty (NSE:OBEROIRLTY, BOM:53327) to construct seven high-rise residential towers in Gurugram, India.The business vertical received an order to build a proving ground from an international company in Haryana. The facility will be aimed at boosting testing infrastructure for vehicles embedded with the latest technology.The company's shares were up nearly 1% in recent trade.

BOM:500510BOM:533273NSE:LTNSE:OBEROIRLTY