Sobha is currently trading at Rs. 413.00, up by 4.50 points or 1.10% from its previous closing of Rs. 408.50 on the BSE.
The scrip opened at Rs. 415.00 and has touched a high and low of Rs. 423.85 and Rs. 411.00 respectively. So far 2651 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. 357.30 on 09-May-2014.
Last one week high and low of the scrip stood at Rs. 438.85 and Rs. 406.00 respectively. The current market cap of the company is Rs. 4079.46 crore.
The promoters holding in the company stood at 60.58% while Institutions and Non-Institutions held 35.82% and 3.60% respectively.
Sobha has launched one of its most distinctive projects -- Sobha Dream Acres -- the first of its kind under its new segment ‘Sobha Dream Series’ at Balagere, Bengaluru. This project is a unique residential development to cater to the aspirations of salaried professionals and perfectly suited to the requirements of nuclear families and those who prefer premium quality compact luxury homes replete with world-class amenities.
With a total developable area of 10.26 million square feet, ‘Sobha Dream Acres’ is spread on a total land area of 81 acres. It will comprise of 1 BHK and 2 BHK units with super built-up area (SBA) ranging from 650 to 1000 and to 1,200 square feet, with approximately 7,000 units, when fully completed. The project will have abundant green space for sports and recreational facilities as also natural lighting and ventilation.
Sobha Developers has presence in seven cities -- Bangalore, Gurgaon, Chennai, Pune, Coimbatore, Mysore and Thrissur.
| Company Name | CMP |
|---|---|
| Lodha Developers | 965.60 |
| Dilip Buildcon | 478.50 |
| DLF | 608.40 |
| Oberoi Realty | 1703.85 |
| Ahluwalia Contract(I | 847.50 |
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