Sobha inches up on launching super luxury apartment in Chennai

05 Jul 2016 Evaluate

Sobha is currently trading at Rs. 325.40, up by 1.20 points or 0.37% from its previous closing of Rs. 324.20 on the BSE.

The scrip opened at Rs. 324.50 and has touched a high and low of Rs. 327.75 and Rs. 323.00 respectively. So far 1440 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 383.90 on 07-Jul-2015 and a 52 week low of Rs. 230.05 on 25-Feb-2016.

Last one week high and low of the scrip stood at Rs. 329.40 and Rs. 307.70 respectively. The current market cap of the company is Rs. 3197.37 crore.

The promoters holding in the company stood at 60.58%, while Institutions and Non-Institutions held 34.58% and 4.84% respectively.

Sobha has launched Sobha Winchester, its new super luxury residential project. The project is located on the Thoraipakkam - Pallavaram Road, Chennai. The British-inspired architecture of Sobha Winchester has been thoughtfully designed by a team of in- house architects at Sobha. The project comprises 344 units having 1BHK - 4BHK super luxurious apartments, ranging from 60.53 square meters (651.59 sq. ft.) to 261.68 square meters (2816.71 sq. ft.). The-residents of Sobha Winchester will enjoy an exclusive lifestyle with access to their own clubhouse, which offers ample space to relax and rejuvenate. There is a state-of-the-art swimming pool and toddler's pool, a well-equipped gymnasium and a dedicated jogging path. Besides this, the project also incorporates environment-friendly initiatives such as organic waste converters, STPs, rain water harvesting and common 24-hour power back-up for hassle-free living. 

The composition of Sobha Winchester is triple basement + ground + 19-storied RCC framed structure with concrete block masonry walls. It has covered parking at the basement for the occupants and parking on the ground floor for visitors. The project will have superior quality vitrified/ceramic tiles for flooring & skirting in the bedrooms, foyer, living & dining area. Plastic emulsion paint would be used for walls and ceiling.

Sobha is one of the fastest growing and foremost backward integrated real estate players in the country. It primarily focuses on residential and contractual projects.

 

Sobha Share Price

1750.80 -0.85 (-0.05%)
26-Apr-2024 16:01 View Price Chart
Peers
Company Name CMP
Dilip Buildcon 452.85
Macrotech Developers 1196.90
NBCC (India) 136.25
Prestige EstatesProj 1357.75
DLF 907.70
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