Sobha is currently trading at Rs. 401.65, up by 3.65 points or 0.92% from its previous closing of Rs. 398.00 on the BSE.
The scrip opened at Rs. 408.65 and has touched a high and low of Rs. 410.00 and Rs. 398.95 respectively. So far 12907 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 449.05 on 17-May-2017 and a 52 week low of Rs. 224.05 on 22-Nov-2016.
Last one week high and low of the scrip stood at Rs. 410.00 and Rs. 392.25 respectively. The current market cap of the company is Rs. 3857.97 crore.
The promoters holding in the company stood at 56.08%, while Institutions and Non-Institutions held 39.19% and 4.73% respectively.
Sobha proposes to buyback equity shares of the company, for an aggregate amount up to Rs 62 crore. The board of directors of the company will consider the proposal on August 04, 2017.
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.
