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Sobha

Nifty Realty records sharpest intraday fall in 7 months; tanks 6% today

Shares of Phoenix, Macrotech Developers, Sobha, Brigade, Raymond, DLF, Oberoi Realty, Prestige Estates Projects and Godrej Properties were down in the range of 4 per cent to 9 per cent

Nifty Realty records sharpest intraday fall in 7 months; tanks 6% today
Updated On : 13 Jan 2025 | 2:52 PM IST

Sobha's Q3 results: Sales plunge 29% YoY, B'luru accounts for most sales

The company reported sales worth Rs 1,388.6 crore in Q3FY25

Sobha's Q3 results: Sales plunge 29% YoY, B'luru accounts for most sales
Updated On : 08 Jan 2025 | 4:10 PM IST

Sobha slips 6% after posting Q3 update; here's what's worrying investors?

In its Q3 update, released on Tuesday after market hours, Sobha reported a 28.8 per cent decline in year-on-year (Y-o-Y) total sales to Rs 1,388.6 crore as compared to Rs 1,951.6 crore a year ago

Sobha slips 6% after posting Q3 update; here's what's worrying investors?
Updated On : 08 Jan 2025 | 3:53 PM IST

New launches key to achieve sales guidance for real estate players: Antique

Antique expects large-to-mid real estate players to achieve 20 to 30 per cent growth in sales booking

New launches key to achieve sales guidance for real estate players: Antique
Updated On : 18 Sep 2024 | 10:40 AM IST

JM Financial initiates coverage on real estate; bets on THESE 5 stocks

JM Financial on real estate stocks: Driven by an exceptional performance in financial year 2023-24 (FY24), brokerage firm JM Financial has initiated coverage of the real estate sector

JM Financial initiates coverage on real estate; bets on THESE 5 stocks
Updated On : 26 Aug 2024 | 12:46 PM IST

Sobha zooms 5% after Q1FY25 results; overall sales value jumps 28% YoY

The surge in Sobha share price came after the real estate developer's overall sales value rose 28% Y-o-Y to Rs 1,874 crore. Sequentially, the overall sales grew 24.6%, compared to Q4FY24

Sobha zooms 5% after Q1FY25 results; overall sales value jumps 28% YoY
Updated On : 09 Aug 2024 | 1:02 PM IST

Sobha block deal today: Stock falls 4.5% as around 5 mn shares change hands

Block deals today: Reports said the Godrej family-owned Anamudi LLP was the likely seller of the 5 per cent stake

Sobha block deal today: Stock falls 4.5% as around 5 mn shares change hands
Updated On : 26 Jul 2024 | 11:11 AM IST

Sobha Ltd to launch rights issue on Friday to raise up to Rs 2,000 cr

Realty firm Sobha Ltd will launch its rights issue on Friday to raise up to Rs 2,000 crore mainly to reduce debt, purchase land as well as machines and meet the construction cost of its various projects. The issue will close on July 4. On June 12, the Board approved the terms of the rights issue. The Bengaluru-based company would issue 1,21,07,981 equity shares each on partly-paid basis for an amount up to Rs 2,000 crore. The price fixed for rights issue is Rs 1,651 per share (including premium of Rs 1,641 per share). The rights entitlement ratio has been fixed at 6 rights equity shares for every 47 fully paid-up equity share of the company held by the eligible equity shareholders of the company, as on the record date. On the objects of the issue, the company has proposed to utilise Rs 905 crore for repayment or prepayment, in full or in part, of certain borrowings. The company plans to utilise Rs 212.35 crore to fund certain project related expenses for ongoing and forthcoming

Sobha Ltd to launch rights issue on Friday to raise up to Rs 2,000 cr
Updated On : 27 Jun 2024 | 6:28 PM IST

Nifty Realty hits fresh 16-yr high; surges 7% in 2 days on healthy outlook

Meanwhile, thus far in the calendar year 2024, the Nifty Realty index has surged 21 per cent, as compared to 2 per cent rise in the benchmark index.

Nifty Realty hits fresh 16-yr high; surges 7% in 2 days on healthy outlook
Updated On : 02 Apr 2024 | 1:57 PM IST

OFSS, IRFC zoom up to 70% so far in 2024! Charts show more legs in rally

As many as 274 out of the Nifty 500 stocks held gains as of Jan 19, even as the benchmark BSE Sensex was down 2 per cent for the new year. Here's what charts suggest for select early movers of 2024.

OFSS, IRFC  zoom up to 70% so far in 2024! Charts show more legs in rally
Updated On : 19 Jan 2024 | 11:54 AM IST

Sobha jumps 10% on rights issue plan; stock zooms 48% thus far in Jan

The board of directors of Sobha are scheduled to meed on Monday, January 22, 2024, to consider the proposal of fund raising by way of equity shares through rights issue.

Sobha jumps 10% on rights issue plan; stock zooms 48% thus far in Jan
Updated On : 18 Jan 2024 | 12:28 PM IST

Stocks to Watch today, Jan 5: Sobha, Dabur, Grasim, REC, Jupiter Wagons

Stocks to Watch on Friday, January 5, 2024: Grasim Industries' Board has approved fund raise via rights issue worth Rs 4,000 crore.

Stocks to Watch today, Jan 5: Sobha, Dabur, Grasim, REC, Jupiter Wagons
Updated On : 05 Jan 2024 | 8:01 AM IST

Stocks to Watch today: Bajaj Finance, Nykaa, HPCL, IRCTC, RR Kabel, Sobha

Stocks to watch on Tuesday, November 7, 2023: Apollo Tyres, Balrampur Chini, CRISIL, IRCTC and Power Grid Corporation among prominent companies scheduled to announce results today.

Stocks to Watch today: Bajaj Finance, Nykaa, HPCL, IRCTC, RR Kabel, Sobha
Updated On : 07 Nov 2023 | 7:57 AM IST

Sobha's net profit rose to $1.46 mn on strong demand for houses in Q1

Indian real estate developer Sobha Ltd said its June quarter profit more-than-doubled as demand in the country stayed resilient, with more people booking flats and houses in big cities and towns

Sobha's net profit rose to $1.46 mn on strong demand for houses in Q1
Updated On : 07 Aug 2023 | 7:36 PM IST

Sobha slips 5%, nears 52-week low on raid by Income-Tax department

Sobha announced that a search by the Income Tax Department is being carried out at the registered office and other premises of the company

Sobha slips 5%, nears 52-week low on raid by Income-Tax department
Updated On : 22 Mar 2023 | 12:49 PM IST

Sobha Q3 sales bookings up 36% to Rs 1,425 cr on strong revival in demand

Bengaluru-based realty firm Sobha Ltd on Friday reported a 36 per cent growth in its sales bookings to Rs 1,424.7 crore for the quarter ended December 2022 on strong revival in demand. In a regulatory filing, Sobha Ltd informed that its sales bookings stood at Rs 1,047.5 crore in the year-ago period. Sobha Ltd achieved highest-ever quarterly sales bookings in the December quarter in terms of both volume and value. The average price realisation improved to Rs 9,650 per square feet, up 21.9 per cent from the corresponding quarter of last year. Achieved highest-ever quarterly sales volume of 1.47 million square feet, with an increase of 11.6 per cent compared to the previous year. During April-December period of this fiscal, Sobha Ltd's sales bookings rose to Rs 3,734.4 crore from Rs 2,760.6 crore a year ago. In the first nine months of this fiscal, the company achieved total sale of 4.17 million square feet, an increase of 16.9 per cent over the preceding year. The average price .

Sobha Q3 sales bookings up 36% to Rs 1,425 cr on strong revival in demand
Updated On : 06 Jan 2023 | 4:54 PM IST

Sobha extends rally on strong Q1 operational update; zooms 25% in four days

The company has achieved the highest ever quarterly sales volume of 1.36 million sft in April-June quarter, up by 51.7 per cent year-on-year.

Sobha extends rally on strong Q1 operational update; zooms 25% in four days
Updated On : 08 Jul 2022 | 3:28 PM IST

Realty firm Sobha's Vice Chairman and MD J C Sharma resigns

Sharma will hold the position till March 31, 2022

Realty firm Sobha's Vice Chairman and MD J C Sharma resigns
Updated On : 11 Mar 2022 | 7:47 PM IST

Realty firm Sobha's Q2 post-tax profit zooms 165%, sales at all-time high

The company posted a revenue of Rs 819 crore in the quarter, up 59 per cent on a year on year basis

Realty firm Sobha's Q2 post-tax profit zooms 165%, sales at all-time high
Updated On : 08 Nov 2021 | 6:50 PM IST

Sobha rallies 14% on reporting best ever sales volume in September quarter

The overall sales were primarily driven by good sale numbers achieved in Bengaluru, Gurugram, Pune and GIFT CITY

Sobha rallies 14% on reporting best ever sales volume in September quarter
Updated On : 07 Oct 2021 | 12:33 PM IST