SOBHA share price has zoomed 5% and is presently trading at Rs 531.
Meanwhile, the BSE REALTY Index is at 2,680 (up 0.6%).
Among the top Gainers in the BSE REALTY Index today is SOBHA (up 5.1%).
PHOENIX MILL (down 1.0%) and OMAXE (down 1.0%) are among the top losers today.
Over the last one year, SOBHA has moved up from Rs 176 to Rs 531, registering a gain of Rs 355 (up 200.0%).
On the other hand, the BSE REALTY has moved up from 1,403 to 2,680, registering a gain of 1,277 points (up 90.5%) during the last 12 months.
The top buzzing stocks among the BSE REALTY Index stocks during this same period were SOBHA (up 200.0%), MAHINDRA LIFESPACE (up 177.8%) and INDIABULLS REAL EST (up 100.7%).
Urgent New Alert: About Coming Once-in-a-generation Wealth Shift
The BSE Sensex is at 49,907 (up 0.1%).
The top gainers among the BSE Sensex stocks today are SUN PHARMA (up 4.3%), HUL (up 2.5%) and TITAN (up 1.5%). Other gainers include TECH MAHINDRA (up 1.1%) and BAJAJ AUTO (up 1.0%). The most traded stocks in the BSE Sensex are SBI and SUN PHARMA.
In the meantime, NSE Nifty is at 14,918 . The top gainers in the NSE Nifty include SUN PHARMA (up 4.2%), CIPLA (up 3.1%) and TATA MOTORS (up 2.9%). Other gainers include HUL (up 2.5%) and TITAN (up 1.7%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 30,067 to 49,907, registering a gain of 19,840 points (up 65.54%).
SOBHA net profit down at Rs 66 million for the quarter ended June 2020, compared to a loss of Rs 732 million a year ago. Net Sales declined 60.4% to Rs 3.5 billion during the period as against Rs 8.8 billion in April-June 2019.
For the year ended March 2019, SOBHA reported 36.9% increase in net profit to Rs 3.0 billion compared to net profit of Rs 2.2 billion during FY18.
Revenue of the company grew 23.5% to Rs 34 billion during FY19.
The current Price to earnings ratio of SOBHA, based on rolling 12 month earnings, stands at 25.4x. p >
What else is happening in the markets today? Dig in...
Indian share markets witnessed volatile trading activity throughout the day today and ended marginally lower.
PIDILITE INDUSTRIES share price has hit an all time high at Rs 1,928 (up 0.6%). The BSE FMCG Index is up by 0.9%. Among the top gainers in the BSE FMCG Index today are PIDILITE INDUSTRIES (up 0.6%) and P&G HYGIENE (up 1.5%). The top losers include GODREJ CONSUMER (down 0.1%) and CCL PRODUCTS (down 0.2%).
BSE Sensex is trading up by 13 points, while the NSE Nifty is trading up by 7 points.
DR. LAL PATHLABS share price has hit an all time high at Rs 3,233 (up 1.6%). The BSE HEALTHCARE Index is up by 1.1%. Among the top gainers in the BSE HEALTHCARE Index today are DR. LAL PATHLABS (up 1.6%) and ABBOTT INDIA (up 0.9%). The top losers include GSK PHARMA (down 0.1%) and SYNGENE INTERNATIONAL (down 0.2%).
Indian share markets open lower. The BSE Sensex opened down by 212 points, while the Nifty is trading lower by 56 points.
MINDTREE share price has hit an all time high at Rs 2,248 (up 0.4%). The BSE IT Index is up by 0.2%. Among the top gainers in the BSE IT Index today are MINDTREE (up 0.4%) and ORACLE FINANCIAL (up 0.1%). The top losers include HEXAWARE TECHNOLOGIES and L&T INFOTECH (down 0.1%).
View More Indian Share Market NewsIn this video, I'll tell you why I am recommending caution in the market at this time.
A tiny chemical company, started in the Licence Raj era, is a great example of a new wealth creating opportunity.
In this video I'll show you exactly how I go about picking stocks for trading.
100 baggers of the last decade share this common trait. Here's how to use it to nail future multibaggers.
More
Equitymaster requests your view! Post a comment on "SOBHA Share Price Up by 5%; BSE REALTY Index Up 0.6%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!