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Mint
13-05-2025
- Business
- Mint
Recommended stocks to buy today: Top stock picks by market experts for 13 May
Two stock recommendations by MarketSmith India for 13 May ● Why it's recommended: Digital expansion and audience reach, investments in sports broadcasting ● Key metrics: P/E: N/A, 52-week high: ₹ 106, volume: ₹ 24 crore ● Technical analysis: Reclaimed its 50-DMA ● Risk factors: Volatility in advertising revenue, high investment costs, and profitability pressure ● Buy at: ₹ 45.20 ● Target price: ₹ 56 in three months ● Stop loss: ₹ 40 Also read: Asian Paints sees a greener FY26; analysts see red ● Why it's recommended: Rising coal demand, government support, and monopoly advantage ● Key metrics: P/E: 6.88, 52-week high: ₹543.55, volume: ₹265 crore ● Technical analysis: 100-DMA retake ● Risk factors: Receivables and credit exposure, challenges to cash flow and liquidity, management, subsidiary defaults: ● Buy at: ₹ 395.50 ● Target price: ₹ 455 in three months ● Stop loss: ₹ 368 Two stocks to buy today, recommended by Train Brains Portal Current price: ₹1,620 Target price: ₹1,950 in 12 months Stop-loss: ₹1,455 Why it's recommended: In FY25 the company recorded its highest-ever revenue, up 17.5% to ₹5,286 crore from ₹4,496 crore in FY24. Net profit grew 15.5% YoY to ₹2,225.5 crore from ₹1,927 crore. Projects income grew 12% to ₹4,106.25 crore, rental grew 48% to ₹869.39 crore, hospitality grew 9% to ₹191.89 crore, property management services grew 48% to ₹73.03 crore, and other operating income grew 180% to ₹45.71 crore. As of FY25, the company's commercial properties' gross leasable area stood at 49.86 lakh sq ft., operating revenue was at ₹573.28 crore, and the occupancy rate stood at 75%. Retail properties' gross leasable area stood at 5.3 lakh sq ft, operating revenue was ₹197.62 crore, and the occupancy rate stood at 99%. Also read: Is L&T under-promising on FY26 guidance? A total of 12,81,446 sq ft of carpet area in residential projects and 928 units were booked with a sales value of ₹5,266 crore as of FY25. Oberoi Realty brands are Elysian, Jardin, Forestville, Eternia, Enigma, Sky City, and Three Sixty West - ORL. The company recently launched Elysian Tower D at Oberoi Garden City in Goregaon, Mumbai, which has a gross booking value of ₹970 crore for 2.1 lakh sq ft and a total saleable area of 3.25 lakh sq ft. Management anticipates a spike in launches in Q2 FY26 and Q3 FY26 and plans to launch multiple projects, including in Gurgaon, Adarsh Nagar, Pedder Road, and Tardeo. Risk factors: The real estate sector is cyclical, and a highly fragmented market structure (because of large regional players) brings stiff competition, which plays a vital role in market share and pricing power. Any significant downturn in the industry and the overall investment climate may adversely affect the business. Current price: ₹1,267 Target price: ₹1,495 in 12 months Stop-loss: ₹1,381 Why it's recommended: In FY25, Voltas recorded an increase of 23.6% in total income to ₹15,737 crore, from ₹12,734 crore in FY24. Profit before tax surged 147% to ₹1,191 crore from ₹486 crore, and profit after tax surged 236.3% to ₹834 crore from ₹248 crore over the same period. This was the company's largest profit ever. Earnings per share (EPS) for FY25 was ₹25.43, compared to ₹7.62 in the previous year. The company operates in three major segments – unitary cooling products, electro-mechanical projects and services, and engineering products and services. It remains the market leader in both split and window airconditioners, recording a YTD market share of 19% as of March 2025. Voltas achieved several key milestones during the year, becoming the first brand to surpass 2.5 million AC units in FY25, and the highest ever air cooler sales (in excess of 0.5 million). The commercial airconditioner business also delivered steady growth. During the year, Voltas Beko sold over a million refrigerators and established itself as the fastest-growing home appliance brand in the country, with volume growth of 56%. Also read: Coal India needs a volume surge to fire up growth Management remains optimistic for all of Voltas's product categories in the ongoing summer and expects demand to remain strong with positive consumer sentiment. Voltas plans to launch new products and strategic initiatives across categories this season, leveraging its strong distribution network to enhance market performance and grow market share sustainably. A continued focus on optimising manufacturing facilities and improving cost efficiencies will be key to driving profitability. Risk factors: Voltas operates in a highly competitive industry, especially in air conditioning and cooling solutions, which could put pressure on margins and profitability. Also, since Voltas is in a capital-intensive industry, it requires continuous investment in research & development and manufacturing capacity to stay ahead of competitors and meet evolving consumer demand. MarketSmith India: Trade name: William O'Neil India Pvt. Ltd; Sebi-registered research analyst registration number: INH000015543 Trade Brains Portal is a stock analysis platform. Trade name: Dailyraven Technologies Private Limited. Its Sebi registered research analyst registration number is INH000015729. Investments in securities are subject to market risks. Read all the related documents carefully before investing. Registration granted by Sebi and certification from NISM in no way guarantees performance of the intermediary or provide any assurance of returns to investors. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
13-05-2025
- Business
- Mint
Best stock picks for today, 13 May, as recommended by Trade Brains Portal
Today we recommend two stocks, one from the real estate sector and the other from consumer durables. We also analyse the market's performance on Monday to understand what may lie ahead for stock indices in the coming days. 1. Oberoi Realty Current price: ₹1,620 Target price: ₹1,950 in 12 months Stop-loss: ₹1,455 Why it's recommended: In FY25 the company recorded its highest-ever revenue, up 17.5% to ₹5,286 crore from ₹4,496 crore in FY24. Net profit grew 15.5% YoY to ₹2,225.5 crore from ₹1,927 crore. Projects income grew 12% to ₹4,106.25 crore, rental grew 48% to ₹869.39 crore, hospitality grew 9% to ₹191.89 crore, property management services grew 48% to ₹73.03 crore, and other operating income grew 180% to ₹45.71 crore. As of FY25, the company's commercial properties' gross leasable area stood at 49.86 lakh sq ft., operating revenue was at ₹573.28 crore, and the occupancy rate stood at 75%. Retail properties' gross leasable area stood at 5.3 lakh sq ft, operating revenue was ₹197.62 crore, and the occupancy rate stood at 99%. Also read: Asian Paints sees a greener FY26; analysts see red A total of 12,81,446 sq ft of carpet area in residential projects and 928 units were booked with a sales value of ₹5,266 crore as of FY25. Oberoi Realty brands are Elysian, Jardin, Forestville, Eternia, Enigma, Sky City, and Three Sixty West - ORL. The company recently launched Elysian Tower D at Oberoi Garden City in Goregaon, Mumbai, which has a gross booking value of ₹970 crore for 2.1 lakh sq ft and a total saleable area of 3.25 lakh sq ft. Management anticipates a spike in launches in Q2 FY26 and Q3 FY26 and plans to launch multiple projects, including in Gurgaon, Adarsh Nagar, Pedder Road, and Tardeo. Risk factors: The real estate sector is cyclical, and a highly fragmented market structure (because of large regional players) brings stiff competition, which plays a vital role in market share and pricing power. Any significant downturn in the industry and the overall investment climate may adversely affect the business. 2. Voltas Ltd Current price: ₹1,267 Target price: ₹1,495 in 12 months Stop-loss: ₹1,381 Why it's recommended: In FY25, Voltas recorded an increase of 23.6% in total income to ₹15,737 crore, from ₹12,734 crore in FY24. Profit before tax surged 147% to ₹1,191 crore from ₹486 crore, and profit after tax surged 236.3% to ₹834 crore from ₹248 crore over the same period. This was the company's largest profit ever. Earnings per share (EPS) for FY25 was ₹25.43, compared to ₹7.62 in the previous year. The company operates in three major segments – unitary cooling products, electro-mechanical projects and services, and engineering products and services. It remains the market leader in both split and window airconditioners, recording a YTD market share of 19% as of March 2025. Voltas achieved several key milestones during the year, becoming the first brand to surpass 2.5 million AC units in FY25, and the highest ever air cooler sales (in excess of 0.5 million). The commercial airconditioner business also delivered steady growth. During the year, Voltas Beko sold over a million refrigerators and established itself as the fastest-growing home appliance brand in the country, with volume growth of 56%. Also read: Coal India needs a volume surge to fire up growth Management remains optimistic for all of Voltas's product categories in the ongoing summer and expects demand to remain strong with positive consumer sentiment. Voltas plans to launch new products and strategic initiatives across categories this season, leveraging its strong distribution network to enhance market performance and grow market share sustainably. A continued focus on optimising manufacturing facilities and improving cost efficiencies will be key to driving profitability. Risk factors: Voltas operates in a highly competitive industry, especially in air conditioning and cooling solutions, which could put pressure on margins and profitability. Also, since Voltas is in a capital-intensive industry, it requires continuous investment in research & development and manufacturing capacity to stay ahead of competitors and meet evolving consumer demand. Market recap: 12 May Indian equity markets surged following the India-Pakistan ceasefire agreement and the US China tariff thaw. The Nifty had a gap-up opening at 24,420 and hit an intraday high of 24,945 (+3.75%), marking a five-month peak and trading above both 50-DMA and 200-DMA with the RSI at 67.78. Sensex rallied to 82,496 (+3.7%), remaining technically strong with RSI at 68.91. Nifty Bank peaked at 55,466 (+3.37%) and displayed a bullish golden cross on the daily chart, with RSI at 62.71. All RSI values remained below the overbought threshold. Nifty IT and Nifty Metal were among the top gainers. Nifty IT hit an intraday high of 38,356, rising 2,476 points (6.45%), while Nifty Metal touched 8,926, up 506 points (5.67%). Among international markets, the US Dow Jones ended 119.07 points or 0.29% lower on Friday, but Dow Jones futures surged 940 points, or 2.28% to 42,264 as of 4pm on Monday. Asian markets also closed in the green. Also read: Is L&T under-promising on FY26 guidance? All sectoral indices traded in the green except for Nifty Pharma, which slipped to an intraday low of 20,576 as Trump proposed to cut prescription drug prices in the US by 30-80%. However, the index recovered to close at 21,100.35, up 0.14%, led by Mankind Pharma, Granules India, Dr. Reddy's Laboratories, and Aurobindo Pharma. The top gainers were travel, tourism and hospitality stocks including IndiGo, Indian Hotels, Lemon Tree, ITC Hotels, EaseMyTrip, IRCTC and SpiceJet, which surged up to 10% on the India-Pak ceasefire news. Trade Brains Portal is a stock analysis platform. Its trade name is Dailyraven Technologies Private Limited, and its SEBI-registered research analyst registration number is INH000015729. Investments in securities are subject to market risks. Read all the related documents carefully before investing. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before making any investment decisions.
Hindustan Times
10-05-2025
- Business
- Hindustan Times
Oberoi Realty sells ₹1,250 crore stake in I-Ven Realty to Alpha Wave Ventures
Listed real estate developer Oberoi Realty has sold its stake in joint venture I-Ven Realty for ₹1,250 crore to Alpha Wave Ventures II, LP, the company announced in a regulatory filing. "We refer to our letter dated March 20, 2025 whereby we have intimated, inter alia, the approval by the board of directors of Oberoi Realty Limited ('Company') for the execution of the securities subscription agreement dated March 20, 2025 entered into between the Company, Alpha Wave\ Ventures II, LP," the company said in a regulatory filing. The regulator filing stated that Vikas Oberoi (CMD of Oberoi Realty), and I-Ven Realty Limited ('I-Ven') ('SSA'), pursuant to which I-Ven proposes to offer and issue securities to the Investor for a consideration of ₹1,250 crore constituting 21.74% of the share capital of I-Ven on a fully diluted basis, subject to certain conditions as contained in the SSA ('Proposed Transaction'). Also Read: Oberoi Realty sells 2.1 lakh sq. ft. of apartments worth ₹970 crore in Mumbai's Goregaon According to the company, the transaction was finalised on May 9, 2025, and the transaction involves the issuance of 2,77,778 compulsorily convertible preference shares (CCPS) at ₹44,999.964 per share and 10 Class A equity shares at ₹10 per share to Alpha Wave Ventures. As a result, Alpha Wave now holds a 21.74% stake in I-Ven Realty on a fully diluted basis, while Oberoi Realty's stake stands at 39.13%. "Consequent to the allotment of the aforementioned securities to the Investor by I-Ven, the company (Oberoi Realty) holds 39.13% of the equity share capital of I-Ven, on a fully diluted basis," the company said. Meanwhile, the company last week announced the launch of Elysian Tower D at Oberoi Garden City in the Goregaon area of Mumbai. The project, which has a gross booking value of ₹970 crore for 2.1 lakh sq ft (RERA carpet area) and a total saleable area of 3.25 lakh sq ft, was announced by the company in a regulatory filing. Also Read: 'Buying a house will never go out of fashion,' says Oberoi Realty's CMD Vikas Oberoi The development, which spans 80 acres, offers a variety of 3—and 4-BHK residences, with carpet areas ranging from 2,009 to 3,430 sq. ft, the company said.
Business Standard
05-05-2025
- Business
- Business Standard
Oberoi Realty gains after Elysian Tower D records bookings worth Rs 970 crore
Oberoi Realty added 1.27% to Rs 1624.10 after the company announced that it had clocked bookings worth Rs 970 crore post the launch of Elysian Tower D at Oberoi Garden City Goregaon, Mumbai. The Mumbai-based real estate developer had launched Elysian Tower D at Oberoi Garden City Goregaon, on 30th April 2025. Post launch, the project has registered gross booking value of Rs 970 crore for 2.1 lakh square feet (RERA carpet area) and a saleable area of 3.25 lakh square feet. The development offers luxurious living in the integrated ecosystem of Oberoi Garden City Goregaon. Elysian Tower D features a selection of elegantly designed, spacious 3 and 4-BHK residences, ranging from 2,009 to 3,430 square feet (carpet area). Oberoi Garden City Goregaon is Oberoi Realtys flagship integrated development, spread across 80 acres approximately and offers a ready social and lifestyle infrastructure with excellent connectivity to the metro, transport networks and business districts. Vikas Oberoi, chairman and managing director, Oberoi Realty, said: We are truly delighted by the overwhelming response to the launch of Elysian Tower D in Oberoi Garden City Goregaon. This success not only reflects the enduring strength of the Oberoi Realty brand but also validates our long-term vision of creating integrated urban developments that redefine luxury living. The track record established by the sales in Elysian Towers A, B and C, and now the exceptional response to Elysian Tower D, is a strong endorsement of the vibrant ecosystem we have built at Oberoi Garden City Goregaon. Oberoi Realty is a Mumbai-based real estate development company. It is focused on premium developments in the residential, office space, retail, hospitality, and social infrastructure projects. The company's consolidated net profit tumbled 45.03% to Rs 433.17 crore on a 12.52% drop in revenue from operations to Rs 1,150.14 crore in Q4 FY25 over Q4 FY24.
Hindustan Times
05-05-2025
- Business
- Hindustan Times
Oberoi Realty sells 2.1 lakh sq. ft. of apartments worth ₹970 crore in Mumbai's Goregaon
Mumbai-based listed real estate developer Oberoi Realty has announced the launch of Elysian Tower D at Oberoi Garden City in the Goregaon area of Mumbai. The project has registered a gross booking value of ₹970 crore for 2.1 lakh sq ft (RERA carpet area) with a total saleable area of 3.25 lakh sq ft, it said in a regulatory filing. Spanning across 80 acres, the development offers a variety of 3- and 4-BHK residences, with carpet areas ranging from 2,009 to 3,430 sq. ft. This mixed-use project includes residential units, Grade-A office spaces, Oberoi Mall, Oberoi International School, and the luxury hotel, The Westin Mumbai Garden City. 'We are truly delighted by the overwhelming response to the launch of Elysian Tower D in Oberoi Garden City, Goregaon. This success not only reflects the enduring strength of the Oberoi Realty brand but also validates our long-term vision of creating integrated urban developments that redefine luxury living," said Vikas Oberoi, Chairman and Managing Director, Oberoi Realty Limited. Also Read: 'Buying a house will never go out of fashion,' says Oberoi Realty's CMD Vikas Oberoi "The track record established by the sales in Elysian Towers A, B and C, and now the exceptional response to Elysian Tower D, is a strong endorsement of the vibrant ecosystem we have built at Oberoi Garden City, Goregaon. As we continue to shape Mumbai's skyline, our focus remains on delivering sustainable, design-led and future-ready developments that enrich lives and communities for generations to come," Oberoi added. Oberoi Realty Ltd. announced its Q4 results for the financial year ended 2024-25 on April 28. According to a Mint report, the company reported a 45% fall in its consolidated net profits for the fourth quarter to ₹433.17 crore, compared to ₹788.03 crore in the same quarter of the previous fiscal year. The company's revenue from core operations dropped 12.5% to ₹1,150.14 crore in the fourth quarter of the 2024-25 fiscal, compared with ₹1,314.77 crore in the same period a year ago, the report said. Also Read: Mumbai real estate: Oberoi Realty sells luxury homes worth ₹1,348 crore in three days of Thane launch In 2024, 50% of properties registered in the Mumbai real estate market were smaller than 650 sq ft, with nearly 60% comprising 1 BHK and 2 BHK apartments, highlighting affordability as the key factor influencing apartment sizes, according to registration data from the Maharashtra Real Estate Regulatory Authority (MahaRERA). Also Read: Nearly 50% of Mumbai properties registered in 2024 smaller than 650 sq ft, 60% are 1 BHK and 2 BHK homes: MahaRERA data According to MahaRERA data, 36,274 of the 63,244 units launched in the calendar year 2024 were 1 BHK and 2 BHK apartments. Around 15%, or over 10,000 units, were 3 BHK apartments, and around 3% or nearly 2,000 units, were 4 BHK apartments.
