XTRAS: Under CSR the company overtook beautification and maintenance of MMRDA central medians and areas below certain flyovers in Mumbai for a period of 5 years.

Technical Analysis
• Oberoi Realty seems to have found its immediate support at around 832. Though we’ll have to observe next few sessions to confirm the uptrend from here.
• It could face resistance at around 950 to 970.
• Next support is at 630 where it has roamed for around 4 months this year.
• Last support that could be seen is at 514 to 523. It’s a strong support and downtrend is rejected here 3 to 4 times.
• RSI index is in oversold zone so it can be a good opportunity to take position in the stock.

Analyst View
• Oberoi Realty’s Q4FY21 sales volume at 1.06 million sq feet, was an all-time high, driven by new launches.
• The company's share price has grown 2.2x over the past five years which is a positive sign for long-term investors who are willing to invest in the real estate sector.
• The firm is moving towards a balanced mix of retail, commercial and hospitality assets -provides stability to slow-moving and volatile revenue streams
• Even in a pandemic, the company has maintained a good range of net sales from 2000 crores to 2500 crores in the last 3 years and may increase it in upcoming years.