SOBHA LIMITED at 52 Week High; BSE 500 Index Down 0.1 %
June 13, 2019 09:30 AM

SOBHA LIMITED share price has hit a 52-week high at Rs 585 (up 0.8%).

Meanwhile, the BSE 500 Index is at 15,420 (down 0.1%).

Among the top gainers in the BSE 500 Index today are SOBHA LIMITED (up 0.8%) and SPICEJET (up 3.3%).

JET AIRWAYS (down 9.6%) and MANPASAND BEVERAGES (down 5.0%) are among the top losers today.

Over the last one year, SOBHA LIMITED has moved up from Rs 509 to Rs 585, registering a gain of Rs 76 (up 15.02%).

The BSE 500 has moved up from 14,874 to 15,420, registering a gain of 546 points (up 3.7%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were VINATI ORGANICS (up 100.0%), BATA INDIA (up 84.6%) and MAH. SCOOTERS (up 62.3%).

What About the Benchmark Indices?

The BSE Sensex is at 39,723 (down 0.1%). The top gainers among the BSE Sensex stocks today are AXIS BANK (up 0.9%), TCS (up 0.9%) and ASIAN PAINTS (up 0.5%). Other gainers include L&T (up 0.5%) and SUN PHARMA (up 0.5%). The most traded stocks in the BSE Sensex are HDFC BANK and SBI.

In the meantime, NSE Nifty is at 11,897 (down 0.2%). BPCL (up 1.6%) and TCS (up 0.7%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 35,693 to 39,723, registering a gain of 4,030 points (up 11.3%).

SOBHA LIMITED Financial Update...

SOBHA LIMITED net profit stood at Rs 1 billion for the quarter ended March 2019, compared to a profit of Rs 698 million a year ago. Net Sales rose 78.6% to Rs 14.1 billion during the period as against Rs 7.9 billion in January-March 2018.

For the year ended March 2018, SOBHA LIMITED reported 46.7% increase in net profit to Rs 2.2 billion compared to net profit of Rs 1.5 billion during FY17.

Revenue of the company grew 24.1% to Rs 28 billion during FY18.

The current Price to earnings ratio of SOBHA LIMITED, based on rolling 12 month earnings, stands at 18.7x.