Sobha is currently trading at Rs. 501.45, up by 6.00 points or 1.21% from its previous closing of Rs. 495.45 on the BSE.
The scrip opened at Rs. 494.65 and has touched a high and low of Rs. 504.15 and Rs. 494.60 respectively. So far 2142 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 590.00 on 25-May-2018 and a 52 week low of Rs. 380.50 on 10-Oct-2018.
Last one week high and low of the scrip stood at Rs. 511.00 and Rs. 489.15 respectively. The current market cap of the company is Rs. 4730.44 crore.
The promoters holding in the company stood at 55.97%, while Institutions and Non-Institutions held 38.62% and 5.41% respectively.
Sobha’s wholly owned subsidiary-- Sobha Developers (Pune) has acquired 100% equity shares of Sobha Interiors. With the acquisition of the said equity shares, Sobha Interiors shall become a wholly owned subsidiary of Sobha Developers (Pune) and a step down subsidiary of Sobha.
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.
