SOBHA share price has zoomed 6% and is presently trading at Rs 470.
Meanwhile, the BSE REALTY Index is at 2,587 (up 1.4%).
Among the top Gainers in the BSE REALTY Index today are SOBHA (up 6.3%) and PHOENIX MILL (up 5.6%).
GODREJ PROPERTIES (down 0.4%) and INDIABULLS REAL EST (down 2.0%) are among the top losers today.
Over the last one year, SOBHA has moved up from Rs 401 to Rs 470, registering a gain of Rs 69 (up 17.3%).
On the other hand, the BSE REALTY has moved up from 2,232 to 2,587, registering a gain of 355 points (up 15.9%) during the last 12 months.
The top buzzing stocks among the BSE REALTY Index stocks during this same period were GODREJ PROPERTIES (up 56.1%), SOBHA (up 17.3%) and OBEROI REALTY (up 16.4%).
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The BSE Sensex is at 48,504 (up 0.7%).
The top gainers among the BSE Sensex stocks today are SUN PHARMA (up 2.4%), TECH MAHINDRA (up 2.2%) and INFOSYS (up 2.2%). Other gainers include POWER GRID (up 1.7%) and L&T (up 1.6%). The most traded stocks in the BSE Sensex are ONGC and NTPC.
In the meantime, NSE Nifty is at 14,259 (up 0.8%). The top gainers in the NSE Nifty include UPL (up 4.0%), BPCL (up 2.7%) and SUN PHARMA (up 2.3%). Other gainers include INFOSYS (up 2.2%) and EICHER MOTOR (up 2.2%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 40,677 to 48,504, registering a gain of 7,827 points (up 19.10%).
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 22.6x. p >
What else is happening in the markets today? Dig in...
Indian share markets witnessed huge selling during closing hours today and ended their day lower.
GRINDWELL NORTON share price is trading down by 5% and its current market price is Rs 950. The BSE CAPITAL GOODS is down by 1.5%. The top gainers in the BSE CAPITAL GOODS Index are V GUARD INDUSTRIES (up 3.3%) and AIA ENGINEERING (up 0.3%). The top losers is GRINDWELL NORTON (down 5.1%).
ADITYA BIRLA CAPITAL share price is trading down by 5% and its current market price is Rs 131. The BSE 500 is down by 1.1%. The top gainers in the BSE 500 Index are TV18 BROADCAST (up 7.3%) and MOTILAL OSWAL (up 5.9%). The top losers are ADITYA BIRLA CAPITAL (down 5.0%) and APOLLO HOSPITALS (down 5.2%).
HAVELLS INDIA share price is trading down by 5% and its current market price is Rs 1,163. The BSE CONSUMER DURABLES is down by 0.7%. The top gainers in the BSE CONSUMER DURABLES Index are BLUE STAR (up 1.7%) and CROMPTON GREAVES CONSUMER ELEC. (up 1.3%). The top losers is HAVELLS INDIA (down 5.1%).
BALMER LAWRIE share price is trading down by 5% and its current market price is Rs 148. The BSE 500 is down by 1.1%. The top gainers in the BSE 500 Index are TV18 BROADCAST (up 6.8%) and MOTILAL OSWAL (up 6.1%). The top losers are BALMER LAWRIE (down 5.0%) and APOLLO HOSPITALS (down 5.5%).
TRENT share price is trading down by 5% and its current market price is Rs 936. The BSE 500 is down by 1.3%. The top gainers in the BSE 500 Index are TV18 BROADCAST (up 6.6%) and MOTILAL OSWAL (up 6.1%). The top losers are TRENT (down 5.4%) and APOLLO HOSPITALS (down 5.5%).
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