HSBC Ups Oberoi Realty’s Target Price to ₹1960 Amid Strong Growth Outlook

Image Source : Business Standard

HSBC has raised its target price for Oberoi Realty Ltd from ₹1910 to ₹1960, citing robust demand in the luxury housing segment and consistent earnings performance. The revision reflects growing investor confidence in the company’s strategic execution, project pipeline, and ability to capitalize on India’s real estate momentum.

Oberoi Realty Ltd, one of India’s leading luxury real estate developers, has received a bullish endorsement from HSBC, which raised its target price on the stock from ₹1910 to ₹1960. The upgrade follows a series of strong quarterly performances and signals continued optimism around the company’s growth trajectory.

HSBC’s revised outlook is part of a broader reassessment of India’s real estate sector, where branded developers like Oberoi Realty are benefiting from sustained demand, limited supply, and premium pricing power. The brokerage noted that Oberoi’s Q1FY25 results—featuring healthy revenue, EBITDA, and PAT—exceeded expectations, reinforcing its position as a top-tier player in the luxury housing market.

The company’s strategic focus on high-margin projects, disciplined land acquisition, and timely execution has helped it maintain a strong balance sheet and investor trust. With new launches planned and a robust pipeline in Mumbai’s prime locations, Oberoi Realty is well-positioned to ride the ongoing real estate upcycle.

Key Highlights:

- HSBC raises Oberoi Realty’s target price to ₹1960 from ₹1910, maintaining a “Buy” rating.

- The revision follows strong Q1FY25 earnings and sustained demand in the luxury housing segment.

- Oberoi Realty’s disciplined execution and premium project portfolio continue to attract investor interest.

- The company plans new launches in Mumbai’s western suburbs and central business districts.

- Sector-wide optimism driven by affordability, limited supply, and brand consolidation trends.

Why This Matters:

The upward revision by HSBC reflects broader confidence in India’s real estate resurgence, especially in the premium segment. For investors, Oberoi Realty’s consistent performance and strategic clarity make it a compelling play in the urban housing market. The stock’s revised target also signals potential upside amid sector-wide consolidation and demand resilience.

Sources: NDTV Profit, Moneycontrol, Financial Express, HSBC Equity Research Note

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