5 fantastic reasons to buy at current levels of OYO share price
You are lucky to have come to the right place and know the many reasons to buy at the current low OYO share price to reap huge profits in the future. In the last few years, OYO Rooms’ share price has seen rapid movements from a high of Rs. 145 in 2021 to even a low of around Rs. 35 and is now trading at around Rs. 60. It is because of its increasing revenue, but losing profit after tax and again increasing it in 2024 and to grow more in future with continuous expansion of business in many countries.
Please continue reading the blog until the end to find out if the PAT will continue rising in FY 2025 with a rapid rise in business. As the experts confirm, you will get high returns buying at the current levels of OYO share price.
Five reasons to invest in OYO rooms share price at current levels.
Ritesh Agarwal started OYO in 2013 in Gurgaon and now has over 150 properties in many countries. In the US, it is spreading rapidly to add one property every three days to increase its revenue in the current year. OYO has become Indonesia’s most significant value hotel platform, apart from having a deal with Checkmyguest in France, among others. After the failed second IPO attempt in March 2023, OYO raised around Rs. 1,500 crores apart from the over Rs. 800 crores invested by Ritesh to increase its valuation to over 2.4 billion dollars. The following are the other reasons for the third IPO to raise the OYO share price in 2025 successfully.
1. OYO room’s share price rose by over one-third from around Rs. 40 to around Rs. 60 in the last few months from June
2. The fantastic first quarter results of FY 24 and the final PAT recording being positive for the first time after being harmful for a few years are boosters for the business.
3. Experts confirm that the expansion and fundraising by OYO rooms in the last year have raised the PAT to over Rs. 700 crores in FY 25, which is three times that of FY 24, to raise its share price.
4. The low valuation of around Rs. 60, far less than its all-time high of around Rs. 150, makes it a valuable buy to reach the same levels with positive results, business expansions, and fundraising to even come out with an IPO soon.
5. The hospitality business will only grow more in the future, and favourable market conditions will increase the share price of OYO rooms.
For the above reasons, contact the consultant of the reputed broker now to buy at the current levels of OYO share price to yield high returns. Stockify is a cutting-edge unlisted shares platform that connects investors with pre-IPO opportunities, offering access to high-growth potential companies before they go public. By facilitating investments in unlisted shares, Stockify provides a unique opportunity for investors to diversify their portfolios and capitalise on early-stage growth, maximising returns in the long run.