Oberoi Realty hits 52-week high

New Delhi: Shares of Oberoi Realty on Thursday jumped nearly 9 per cent after the company posted a 64 per cent increase in consolidated net profit for the March quarter of 2024 and announced plans to raise up to Rs4,000 crore through issuance of equity shares and non-convertible debentures.

The stock climbed 8.70 per cent to Rs1,712.30 -- its 52-week high, on the BSE. At the NSE, it rallied 8.81 per cent to the one-year high of Rs1,712.85 apiece. The stock climbed 3.52 per cent on the BSE on Wednesday.