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India's Oberoi Realty climbs on Q2 profit jump



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** Shares of Oberoi Realty OEBO.NS rise 3.1% to 1,991 rupees; on track for best one-day pct gain since late May, if trend holds

** The real-estate developer's Q2 consol net profit grew 29% y/y, rev from ops jumped 8.5%, boosted by strong demand for premium projects

** Stock top gainer on the Nifty realty index .NIFTYREAL, which is down 0.14%

** OEBO and peer Prestige Estates PREG.NS (up ~1%) are only two stocks logging gains in the 10 member NIFTYREAL

** Analysts' avg rating on OEBO is "hold", median PT is 1,812.5 rupees

** Stock up ~38% YTD vs ~34% gains in NIFTYREAL



Reporting by Manvi Pant in Bengaluru

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