SOBHA LIMITED Share Price Up by 5%; BSE REALTY Index Up 0.6%

Wed, 26 Aug 11:18 AM

SOBHA LIMITED share price has zoomed 5% and is presently trading at Rs 265.

Meanwhile, the BSE REALTY Index is at 1,734 (up 0.6%).

Among the top Gainers in the BSE REALTY Index today are SOBHA LIMITED (up 5.2%) and INDIABULLS REAL EST (up 6.2%).

GODREJ PROPERTIES (down 0.7%) and OMAXE LTD (down 1.2%) are among the top losers today.

Over the last one year, SOBHA LIMITED has moved down from Rs 498 to Rs 265, registering a loss of Rs 232 (down 46.7%).

On the other hand, the BSE REALTY has moved down from 1,955 to 1,734, loss of 221 points (down 11.8%) during the last 12 months.

The top buzzing stocks among the BSE REALTY Index stocks during this same period were PHOENIX MILL (up 2.0%).

REVEALED: The Secret to potentially Making Rs 18,870, Rs 9,425 and Rs 7,315 in a Single Day...

What About the Benchmark Indices?

The BSE Sensex is at 38,981 .

The top gainers among the BSE Sensex stocks today are INDUSIND BANK (up 3.6%), BAJAJ AUTO (up 3.0%) and AXIS BANK (up 1.9%). Other gainers include BAJAJ FINSERV (up 1.7%) and KOTAK MAHINDRA BANK (up 1.6%). The most traded stocks in the BSE Sensex are SBI and ONGC.

In the meantime, NSE Nifty is at 11,518 (up 0.1%). The top gainers in the NSE Nifty include HERO MOTOCORP (up 4.4%), ZEE ENTERTAINMENT (up 4.4%) and ADANI PORTS & SEZ (up 4.3%). Other gainers include INDUSIND BANK (up 3.6%) and TATA MOTORS (up 3.4%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 37,494 to 38,981, registering a gain of 1,487 points (up 3.59%).

SOBHA LIMITED Financial Update...

SOBHA LIMITED 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 LIMITED 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 LIMITED, based on rolling 12 month earnings, stands at 12.7x.

Indian Share Market Update: Top Gainers and Losers

What else is happening in the markets today? Dig in...