Brokerages bullish on L&T, NIIT Tech, Ashok Leyland, DCB, Oberoi Realty

Wed, Jul 17, 2013 at 09:09

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Oberoi Realty

Brokerage: IndiaNivesh Sec

Rating: BUY

Target: Rs 284

Rationale: At CMP of Rs 217, Oberoi Realty is trading at FY14E & FY15E, EV/EBITDA multiple of 5.2x & 3.7x, respectively. We maintain BUY rating on the stock with price target of Rs 284.

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