Platinum Investment Management buys 3.20 lakh shares of Sobha

24 Dec 2014

Foreign investor Platinum Investment Management has acquired over 3,20,000 shares of real estate developer Sobha through open market. Post acquisition, Platinum Investment Management holding in Sobha increased to 5.06% from 4.74% earlier.

Platinum Investment Management Limited is an Australian based fund manager which specialises in investing in international equities. Sobha Developers has presence in seven cities -- Bangalore, Gurgaon, Chennai, Pune, Coimbatore, Mysore and Thrissur. It has completed 83 projects aggregating to 20.78 million sq ft of saleable area and is presently developing 43 projects with 17.4 million sq ft of saleable area.

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Sobha Share Price

461.25 -11.75 (-2.48%) Mar 05, 18:59
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Company Name CMP
Dilip Buildcon 669.40
NBCC (India) 50.85
Sobha 461.25
JMC Projects (India) 78.50
Prestige Estate Proj 294.90
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SEBI Registered: Investment Adviser - INA000013323