SOBHA LIMITED Share Price Up by 11%; BSE REALTY Index Up 4.2%

Wed, 21 Oct 03:34 PM

SOBHA LIMITED share price has zoomed 11% and is presently trading at Rs 317.

Meanwhile, the BSE REALTY Index is at 1,880 (up 4.2%).

Among the top Gainers in the BSE REALTY Index today are SOBHA LIMITED (up 11.3%) and GODREJ PROPERTIES (up 10.5%).

PHOENIX MILL (down 0.7%) and PRESTIGE ESTATES (down 2.9%) are among the top losers today.

Over the last one year, SOBHA LIMITED has moved down from Rs 444 to Rs 317, registering a loss of Rs 127 (down 31.9%).

On the other hand, the BSE REALTY has moved down from 2,030 to 1,880, loss of 150 points (down 8.3%) during the last 12 months.

The top buzzing stocks among the BSE REALTY Index stocks during this same period were GODREJ PROPERTIES (up 6.5%) and INDIABULLS REAL EST (up 5.5%).

What About the Benchmark Indices?

The BSE Sensex is at 40,976 (up 0.4%).

The top gainers among the BSE Sensex stocks today are POWER GRID (up 4.5%), BHARTI AIRTEL (up 3.5%) and TATA STEEL (up 3.1%). Other gainers include NTPC (up 2.2%) and AXIS BANK (up 2.0%). The most traded stocks in the BSE Sensex are SBI and NTPC.

In the meantime, NSE Nifty is at 12,019 (up 0.3%). The top gainers in the NSE Nifty include POWER GRID (up 4.7%), BHARTI AIRTEL (up 3.6%) and TATA STEEL (up 2.8%). Other gainers include HINDALCO (up 2.7%) and NTPC (up 2.5%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 38,964 to 40,976, registering a gain of 2,012 points (up 4.52%).

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 14.5x.

Indian Share Market Update: Top Gainers and Losers

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