OBEROIRLTY - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.1
| Stock Code | OBEROIRLTY | Market Cap | 53,487 Cr. | Current Price | 1,472 ₹ | High / Low | 2,006 ₹ |
| Stock P/E | 31.1 | Book Value | 418 ₹ | Dividend Yield | 0.54 % | ROCE | 15.3 % |
| ROE | 12.6 % | Face Value | 10.0 ₹ | DMA 50 | 1,533 ₹ | DMA 200 | 1,633 ₹ |
| Chg in FII Hold | 0.52 % | Chg in DII Hold | -0.39 % | PAT Qtr | 486 Cr. | PAT Prev Qtr | 618 Cr. |
| RSI | 45.1 | MACD | -24.4 | Volume | 7,80,640 | Avg Vol 1Wk | 7,45,108 |
| Low price | 1,396 ₹ | High price | 2,006 ₹ | PEG Ratio | 0.47 | Debt to equity | 0.20 |
| 52w Index | 12.6 % | Qtr Profit Var | -9.36 % | EPS | 47.0 ₹ | Industry PE | 25.5 |
📊 Chart & Trend Analysis: OBEROIRLTY is trading at ₹1,472, below both its 50 DMA (₹1,533) and 200 DMA (₹1,633), showing short-term weakness. RSI at 45.1 indicates the stock is nearing oversold territory but not yet at reversal strength. MACD at -24.4 confirms bearish momentum. Bollinger Bands suggest price is leaning toward the lower band, with support near ₹1,396.
📈 Momentum & Volume: Current volume (7,80,640) is slightly above the 1-week average (7,45,108), showing mild accumulation despite weak momentum. No strong breakout signals yet.
🔑 Entry & Exit Zones:
- Optimal Entry: ₹1,420–₹1,460 (near support zone)
- Resistance Levels: ₹1,530 (short-term), ₹1,630 (medium-term)
- Exit Zone: ₹1,550–₹1,600 if momentum improves
📌 Trend Status: The stock is currently consolidating with a bearish bias, awaiting confirmation for reversal.
Positive
- Strong fundamentals with ROCE at 15.3% and ROE at 12.6%.
- EPS of ₹47.0 indicates solid earnings power.
- Debt-to-equity ratio at 0.20 shows low leverage and financial stability.
- PEG ratio at 0.47 suggests reasonable valuation relative to growth.
Limitation
- Quarterly PAT declined to ₹486 Cr. vs ₹618 Cr. (down 9.36%).
- Stock P/E (31.1) is higher than industry PE (25.5), indicating overvaluation.
- Trading below both 50 DMA and 200 DMA reflects weak technical strength.
Company Negative News
- Decline in quarterly profit (-9.36%) may weigh on sentiment.
- DII holding decreased (-0.39%), showing reduced domestic institutional confidence.
Company Positive News
- FII holding increased (+0.52%), signaling foreign investor interest.
- Strong balance sheet with low debt and consistent EPS performance.
Industry
- Industry PE at 25.5 is lower than OBEROIRLTY, suggesting sector peers may be more attractively valued.
- Real estate sector demand remains cyclical but supported by urbanization and housing growth.
Conclusion
⚖️ OBEROIRLTY shows strong fundamentals with healthy ROCE/ROE and low debt, but technicals remain weak with bearish momentum. The stock is consolidating near support levels. A cautious entry around ₹1,420–₹1,460 may be considered with exit targets near ₹1,550–₹1,600 if reversal signals strengthen. Long-term investors may find value given strong fundamentals, but should monitor profit growth and valuation relative to peers.
Would you like me to extend this into a peer benchmarking overlay against other real estate developers (like DLF, Godrej Properties, Prestige Estates) so you can see relative strength and margin-of-safety clarity across the sector?