Real estate stocks rally on revision of LTCG rules

Real estate stocks rally on revision of LTCG rules

Shares of real estate companies like DLF, Macrotech, and Oberoi Realty rallied up to 2% on Wednesday after it was reported that the Finance Minister will amend the long-term capital gains tax (LTCG) rules proposed in the Budget. Buying action was seen in almost all real estate stocks with the Nifty Realty index rallying around … Read more

oberoi realty shares: Oberoi Realty shares jump 9% to new all-time high after 65% increase in net profit. Should you invest?

oberoi realty shares: Oberoi Realty shares jump 9% to new all-time high after 65% increase in net profit. Should you invest?

Shares of Oberoi Realty on Thursday jumped 9% to hit a fresh 52-week high of Rs 1,712.30 after the company reported a 65% year-on-year (YoY) jump in its Q4 profit at Rs 788 crore. The total income of the company rose to Rs 1,558.56 crore in the quarter from Rs 995.11 crore in the year-ago … Read more