The real estate sector faced a rough day on January 20, with Oberoi Realty emerging as the biggest decliner. Investors reacted sharply to the company’s quarterly results, triggering declines across the sector.
The Nifty Realty index fell nearly 4%, closing around 804.60 by early afternoon, making it the worst-performing sector of the day. This is the third consecutive session in which the sector has recorded losses. Over the past 10 sessions, the index has fallen in nine, accumulating a total drop of more than 12%. Today’s slump is the largest single-day fall since July 2025, reflecting growing pressure on real estate stocks.
Oberoi Realty Q3 2026 Performance
Oberoi Realty released its October–December quarter results, showing mixed performance:
- Net Profit (Consolidated): ₹622.64 crore
- Up 0.69% YoY from ₹618.38 crore in Q3 FY25
- Down 18% QoQ from ₹760.26 crore in Q2 FY26
- Revenue from Operations: ₹1,492.64 crore
- Increased 6% YoY
- Dropped over 16% QoQ
The company also declared a third interim dividend of ₹2 per share for FY26:
- Record Date: January 23, 2026
- Payment Date: On or before February 5, 2026
These figures highlight year-on-year growth, while quarter-on-quarter performance shows slowdown, which likely influenced investor sentiment.
Market Reaction: Key Stock Movements
Oberoi Realty shares were the heaviest loser in the sector, sliding 8% to ₹1,525.30 per share. Other notable declines included:
- Sobha & Prestige Estates: Down ~5% each
- Macrotech Developers (Lodha): Fell over 4%
- Godrej Properties & DLF: Dropped 2–3%
- Anant Raj & Phoenix Mills: Around 2% decline
This broad-based fall shows that the sector-wide sentiment shifted, not just isolated to Oberoi Realty.
Drivers Behind the Decline
Several factors contributed to today’s real estate sell-off:
- Urban luxury demand softens: Especially in high-end markets like Bangalore and Hyderabad
- Mid-to-premium segment slows: Sales down ~15% YoY as buyers delay upgrades and prefer renting
- Inventory pressures: Slower absorption of completed units affects developer cash flow
The combination of these trends is impacting investor confidence, which is reflected in both Oberoi Realty share price and the wider Nifty Realty index.
Summary
Today’s session highlights the challenges in the real estate sector. Oberoi Realty’s Q3 results show steady annual growth but quarter-on-quarter decline, triggering a sharp market reaction.
- Nifty Realty index: Down 4%
- Sector trend: Losses in 9 out of last 10 sessions, cumulative decline >12%
- Oberoi Realty: Down 8%, with interim dividend declared
For those tracking Oberoi Realty share price or stock market today, the session emphasizes the importance of market sentiment and demand trends in shaping real estate stock performance.
Source: Moneycontrol
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