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Sobha Ltd - Company News

BSE   31 Jul 15 | 12:00 AM

349.70 21 (6.39%)
Mkt Price (Rs)   Chg Rs (Chg %)
Code: 532784
Face Value: 10

NSE   31 Jul 15 | 12:00 AM

350.60 23.05 (7.04%)
Mkt Price (Rs)   Chg Rs (Chg %)
Code: SOBHA
Performance
1 Week : Rs 358.30 (-2.40%)
1 Month : Rs 362.70 (-3.58%)
1 Year : Rs 439.00 (-20.34%)
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  • 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.
  • 24 Dec 14
    09:56 AM
    Shares of real estate developer Sobha has rallied 5% to Rs 493 on BSE after a foreign investor Platinum Investment Management Limited acquired over 300,000 shares of the company through open market.
    12:30 AM
    Doha Bank has successfully signed a corporate finance deal worth 500 million dirhams ($136 million) with Dubai's Sobha Group, with a syndicated facility of 800 million dirhams for the Sobha Hartland project.
  • 23 May 14
    02:34 PM
    P&L beat on higher contractual revenue: Sobha Developers (SOBHA) reported 4QFY14 revenue at INR6.3b, +7% YoY (v/s est. of INR5.4b). Positive surprise was higher booking in contract and manufacturing division of INR2.2b (+54% YoY).
  • 08 May 14
    12:33 AM
    This week, the Sobha Developers stock lost three per cent, owing to the near-term sluggishness in the Kochi market, where the company invested Rs 330 crore recently.
  • 10 Apr 14
    12:18 AM
    Bangalore-based realty firm Sobha Developers' sales bookings rose by about 6 per cent to Rs 2,343 crore in the last financial year on higher realisation but missed its target due to the slowdown, especially in the NCR-Gurgaon region.
  • 03 Feb 14
    12:04 PM
    Sobha Developers has gained by nearly 4% to Rs 276.65 after net profit rose 10.46% to Rs 58.10 crore on 26.48% increase in total income to Rs 545.50 crore in Q3 December 2013 over Q3 December 2012.The stock hit a high of Rs 284.80 and a low of Rs 271 so
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