SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Sobha soars on eyeing to launch ‘Aspirational Homes’ in Bengaluru

19 Nov 2014 Evaluate

Sobha is currently trading at Rs. 478.00, up by 10.45 points or 2.24% from its previous closing of Rs. 467.55 on the BSE.

The scrip opened at Rs. 473.00 and has touched a high and low of Rs. 481.00 and Rs. 471.70 respectively. So far 4530 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 581.00 on 09-Jun-2014 and a 52 week low of Rs. 260.20 on 30-Jan-2014.

Last one week high and low of the scrip stood at Rs. 499.00 and Rs. 460.25 respectively. The current market cap of the company is Rs. 4689.90 crore.

The promoters holding in the company stood at 60.58% while Institutions and Non-Institutions held 34.88% and 4.54% respectively.

Sobha (formerly Sobha Developers) is planning to launch ‘Aspirational Homes’ in Balagere, Bengaluru, first of its kind for the company. The project will entail the company’s trademark quality standards. The project will be developed with the help of pre-cast technology using best-in-class machinery that will be imported from Germany and Italy and installed at the project site.

The Project is located in the midst of the four major roads in the city - the Outer Ring Road (ORR), Marathahalli road, Varthur road and Sarjapur road - aptly termed the ‘Golden Quadrilateral’. The project is not just ideally located in close proximity to the city’s IT corridors but is also located at a convenient distance from the best hospitals, schools, colleges, malls and other recreation centres.

The project is expected to have a total developable area of 10.26 million square feet and total super built-up area of 7.57 million square feet, set on a total land area of 81 acres. The project will comprise of 1 and 2 BHK units with SBA ranging between 650 to 1,200 square feet, with over 6,000 units.

 

Sobha Share Price

1426.05 -23.50 (-1.62%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Lodha Developers 965.60
Dilip Buildcon 478.50
DLF 608.40
Oberoi Realty 1703.85
Ahluwalia Contract(I 847.50
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×