Sobha is currently trading at Rs. 553.25, up by 3.95 points or 0.72% from its previous closing of Rs. 549.30 on the BSE.
The scrip opened at Rs. 558.10 and has touched a high and low of Rs. 559.70 and Rs. 549.00 respectively. So far 4333 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 687.00 on 08-Jan-2018 and a 52 week low of Rs. 344.50 on 11-Aug-2017.
Last one week high and low of the scrip stood at Rs. 567.15 and Rs. 540.05 respectively. The current market cap of the company is Rs. 5244.98 crore.
The promoters holding in the company stood at 55.94%, while Institutions and Non-Institutions held 39.18% and 4.88% respectively.
Sobha has registered $10 million worth of property sales in two days through an online campaign. The company has adopted bumper advertisements and Google Optimise to redesign the landing pages which aided to attain the sales.
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.
