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Sobha advances on the BSE

Mumbai : Sobha is currently trading at Rs. 525.50, up by 5.70 points or 1.10% from its previous closing of Rs. 520.30 on the BSE. The scrip opened at Rs. 520.30 and has touched a high and low of Rs. 529.75 and Rs. 516.15 respectively. So far 10907 shares were traded on the counter. The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 585.00 on 13-Jun-2019 and a 52 week low of Rs. 380.50 on 10-Oct-2018.

Last one week high and low of the scrip stood at Rs. 569.00 and Rs. 500.00 respectively. The current market cap of the company is Rs. 5002.17 crore. The promoters holding in the company stood at 55.97%, while Institutions and Non-Institutions held 38.28% and 5.75% respectively.

Sobha has been recognized as the Top National Realty Brand across Asset class in India by BrandXReport 2018-19, an annual study conducted by Track2Realty. This is the 5th consecutive year when company has been conferred with the National Brand Leadership of Indian real estate, making it one-of-its-kind achievement for any company in the sector. Based on a rigorous selection process, which includes Indian and NRI consumer votes, company’s leadership position is stable. Sobha is one of the fastest growing and foremost backward integrated real estate players in the country. It primarily focuses on residential and contractual projects.

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