Oberoi Realty Ltd

The funds raised will be used for sales, marketing, partner relations, and product development.

At over Rs 77,000 per square feet, the transaction is one of the costliest in recent times

The company had recently announced the purchase of a parcel of land from Blue Star in Pokhran road in Thane for ₹192.3 crore

For the first nine months of FY23, the company sold 370 units worth ₹2,183 crore

Puravankara's sales bookings in volume terms rose 32% to 1.76 million square feet during H1 FY23

Good pipeline visibility and improving market demand are key drivers for the stock trading at ₹988 levels

Near-term looks challenging, but strong balance-sheet and comfortable debt levels are positives

DMart, 3 insurance companies, 2 AMCs and Bandhan Bank have a good chance to enter the derivatives segment, the broking firm says