Oberoi Realty inks pact to redevelop 3.3-acre land parcel in South Mumbai’s Tardeo
Oberoi Realty has announced an agreement to redevelop a 3.3-acre land parcel in South Mumbai. The company expects to generate around 2.5 lakh sq ft of free sale space from the development and redevelopment of the land. This plot is adjacent to a property already being redeveloped by the company.
Acacia Partners offloads stake in NRB Bearings, stock gains nearly 6% at open
Foreign portfolio investor Acacia Partners LP offloaded shares worth Rs 16.35 lakh or 1.68% stake in NRB Bearings at an average price of Rs 269 per share.
Buy NRB Bearings, target price Rs 270: ICICI Direct
Even, discounting the fact that it has one segment exposure unlike other bearings companies, still the stock remains undervalued and the brokerage expects a rerating to set in.