Sobha Developers is currently trading at Rs. 317.60, up by 10.25 points or 3.33% from its previous closing of Rs. 307.35 on the BSE.
The scrip opened at Rs. 315.00 and has touched a high and low of Rs. 320.00 and Rs. 314.00 respectively. So far 13,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 472.40 on 13-Feb-2013 and a 52 week low of Rs. 214.10 on 04-Sep-2013.
Last one week high and low of the scrip stood at Rs. 325.00 and Rs. 294.00 respectively. The current market cap of the company is Rs. 3,110.00 crore.
The promoters holding in the company stood at 60.58% while Institutions and Non-Institutions held 35.74% and 3.68% respectively.
The company has reported 26.16% rise in its net profit at Rs 51.60 crore for the quarter as compared to Rs 40.90 crore for the same quarter in the previous year. Total income of the company has increased by 35.49% at Rs 536.40 crore for quarter under review as compared to Rs 395.90 crore for the quarter ended September 30, 2012.
On the consolidated basis, the group has registered a growth of 12.97% in net profit at Rs 56.60 crore as compared to Rs 50.10 crore in the same quarter previous year. Total income of the group rose 30.83% to Rs 544.50 crore for quarter under review as against Rs 416.20 crore in corresponding quarter previous year.
