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Sobha Ltd - Company News

BSE   22 Jun 18 | 12:00 AM

483.00 -10.85 (-2.2%)
Mkt Price (Rs)   Chg Rs (Chg %)
Code: 532784
Face Value: 10

NSE   22 Jun 18 | 12:00 AM

483.70 -9.25 (-1.88%)
Mkt Price (Rs)   Chg Rs (Chg %)
1 Week : Rs 504.40 (-4.24%)
1 Month : Rs 494.35 (-2.30%)
1 Year : Rs 388.50 (24.32%)
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  • 17 May 17
    09:34 AM
    Sobha  surged 9% to Rs 448, also its 52-week high on the BSE in early morning trade, after the company reported 68% jump in its consolidated net profit at Rs 46.6 crore for the quarter ended March 2017 (Q4FY17).
  • 10 Apr 17
    09:40 AM
    Shares of real estate developer Sobha fell 8.7% to Rs 380 on BSE in early morning trade after the promoter Sobha Menon sold four million shares or 4.15% stake in the company through open market transaction.
  • 26 Jul 16
    11:14 AM
    Sobha has rallied 7% to Rs 346 on the BSE after the real estate company announced that it has bought back 1.76 million equity shares of the company from existing shareholders for Rs 58 crore.
  • 19 May 16
    07:42 PM
    Bengaluru-based realtor Sobha Ltd said its fourth quarter profits dropped 41.3 per cent to Rs 36.1 crore on higher provisioning for taxes, while revenue grew 9.66 per cent to Rs 558.5 crore on better sales of its properties.
  • 07 Dec 15
    12:21 PM
    Shares of real estate companies are trading higher on the bourses in an otherwise subdued market after Godrej Properties announced that it has received a good response for the Mumbai project.
  • 13 Nov 15
    08:12 PM
    Realty player Sobha Ltd said second quarter profits declined 34.8 per cent to Rs 38.8 crore as sales of new apartments reduced in a slowing real estate market. Revenue declined 32.8 per cent for the quarter.
  • 09 Oct 15
    05:21 AM
    The stock of Bengaluru-based real estate developer Sobha has been on a continuous downtrend since February, touching its 52-week low recently on slow off-take and sluggish demand.
  • 08 Jul 15
    09:35 PM
    Sobha’s June quarter operational performance was disappointing, with new sales up five per cent over a year to Rs 504 crore and volumes up 11 per cent to 0.84 million square feet. On a sequential basis, this revenue number was down 20 per cent.
  • 08 Jun 15
    12:10 AM
    Delhi and its adjoining areas are again becoming sought-after destinations for real estate developers, with such as Sobha Developers and Godrej Properties planning new projects.
  • 13 May 15
    01:17 PM
    Shares of Sobha has dipped 6% to Rs 385 on the BSE after reporting a 12% decline in year-on-year (yoy) consolidated net profit at Rs 61.50 crore for the quarter ended March 2015 (Q4), due to poor sales.
  • 08 May 15
    05:04 PM
    Sobha Limited, the Bengaluru-based property developer, will be offering a returnee internship programme in association with JobsForHer, a connecting portal for women looking to return to work after a break.
  • 08 Apr 15
    11:18 AM
    Shares of real estate companies were trading higher on the bourses on media reports that the Union government cleared amendments to the Real Estate (Regulation and Development) Bill, 2013, paving the way for legislation on regulators for the sector.
  • 04 Apr 15
    01:49 AM
    Bengaluru-based Sobha Ltd’s stock is down by about 20 per cent over the last one month on concerns of a slowing Bengaluru market, the company’s reliance on luxury projects and higher debt.
  • 13 Jan 15
    03:35 AM
    The December quarter has been a disappointing one for realty player Sobha, recording its weakest sales for a quarter in three years. It reported new sales of 0.66 million sq ft, down 11 per cent over a year, and 21 per cent on a sequential basis.
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