Sobha Developers

Sobha slips 5%, nears 52-week low on raid by Income-Tax department

Sobha announced that a search by the Income Tax Department is being carried out at the registered office and other premises of the company

DLF, Macrotech Developers: Realty stocks remain resilient amid sell-off

Since the start of the current year, the Nifty Realty pack has remained laggard and traded with a weak bias down 1.5 cent lower so far in 2023.

Sobha Q3 sales bookings up 36% to Rs 1,425 cr on strong revival in demand

Bengaluru-based realty firm Sobha Ltd on Friday reported a 36 per cent growth in its sales bookings to Rs 1,424.7 crore for the quarter ended December 2022 on strong revival in demand. In a regulatory filing, Sobha Ltd informed that its sales bookings stood at Rs 1,047.5 crore in the year-ago period. Sobha Ltd achieved highest-ever quarterly sales bookings in the December quarter in terms of both volume and value. The average price realisation improved to Rs 9,650 per square feet, up 21.9 per cent from the corresponding quarter of last year. Achieved highest-ever quarterly sales volume of 1.47 million square feet, with an increase of 11.6 per cent compared to the previous year. During April-December period of this fiscal, Sobha Ltd's sales bookings rose to Rs 3,734.4 crore from Rs 2,760.6 crore a year ago. In the first nine months of this fiscal, the company achieved total sale of 4.17 million square feet, an increase of 16.9 per cent over the preceding year. The average price .

Sobha's Q3 net rises 57% to Rs 33 cr, revenue dips 2% to Rs 668 cr

The company achieved total cash inflow of Rs 1,059 crore during Q3 of FY22 which is the highest in its lifetime

Sobha soars 11% on fund raising plan; stock has zoomed 226% in one year

The board is scheduled to meet on Monday, November 8, 2021 to consider and approve the proposal of issue of unlisted secured redeemable non-convertible debentures on a private placement basis

Stocks to watch: RIL, ZEEL, Sobha, Lupin, Nazar Tech, Titan, Inox Wind

Tata group firm Titan on Wednesday said it has witnessed a strong recovery in demand in the July-September quarter

Sobha Q1 sales bookings up 40% at Rs 683 cr despite 2nd Covid wave

The company had clocked sales bookings of Rs 487.7 crore in the year-ago period.

Demand recovery, new launches help Sobha deliver record performance

Stock gains 16 per cent on Q4 show, expectations of sharp reduction in debt

Karnataka stamp duty cut on flats to have limited impact on sales

Listed players such as Brigade, Sobha, Puravankara seek reduction across all budget segments

Godrej Properties to Sobha, realty firms line up launches in March quarter

Godrej Properties, part of Godrej Group, has lined up 12 launches in Mumbai, the National Capital Region, and Bengaluru

From Prestige to Sobha, listed realty firms post best-ever quarterly sales

During the quarter, Prestige racked up sales of Rs 2,026 crore, up 80 per cent quarter-on-quarter and 55 per cent year-on-year

Realty shares rally as Maha govt slashes premium for construction by 50%

Sobha, Indiabulls Real Estate, Sunteck Realty, Oberoi Realty and Godrej Properties surged between 5 per cent and 7 per cent on the BSE.

Strong Q2 sales performance despite headwinds a positive trigger for Sobha

Its ability to reduce debt is crucial for further gains

Godrej group hikes stake in Sobha to 10% in Q1FY21 via market purchases

Real estate analysts say it could be no more than a portfolio investment; Sobha says not in talks with Godrej

Realty, capital goods stocks gain; Indiabulls, Oberoi ReaIty rise 5%

At 11:03 am, the S&P BSE Capital Goods index, the top gainer among sectoral indices, was trading nearly 4 per cent higher at 12,071 points.

Sobha, Indiabulls Real Estate gain up to 5% as FM hints at booster dose

The real estate sector has been struggling for the last three years and has not revived since demonetisation and the introduction of good and services tax (GST).

Land bank monetisation, demand uptick key triggers for Sobha Developers

Company says growth momentum seen in FY19 will continue this financial year