SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Sobha Developers surges as Brickwork Ratings upgrades its long-term bank loan facilities

09 Jan 2014 Evaluate

Sobha Developers is currently trading at Rs. 310.80, up by 1.55 points or 0.50% from its previous closing of Rs. 309.25 on the BSE.

The scrip opened at Rs. 310.00 and has touched a high and low of Rs. 312.00 and Rs. 307.00 respectively. So far 1653 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. 338.00 and Rs. 305.10 respectively. The current market cap of the company is Rs. 3044.88 crore.

The promoters holding in the company stood at 60.58% while Institutions and Non-Institutions held 35.52% and 3.90% respectively.

Credit rating agency, Brickwork Ratings has upgraded the rating assigned to long-term bank loan facilities amounting Rs 973.50 crore sanctioned to Sobha Developers. The credit rating agency has upgraded the Term Loans amounting Rs 668.50 crore and Cash Credit Facilities amounting to Rs 305.00 crore from ‘A-’ to ‘A’.

The above said rating ‘A’ stands for a credit facility that is considered to have adequate degree of safety regarding timely servicing of financial obligation.

Sobha has presence in seven cities -- Bangalore, Gurgaon, Chennai, Pune, Coimbatore, Mysore and Thrissur. It has completed 83 projects aggregating to 20.78 million sq ft of saleable area and is presently developing 43 projects with 17.4 million sq ft of saleable area.

 

Sobha Share Price

1379.30 9.35 (0.68%)
22-Apr-2026 13:14 View Price Chart
Peers
Company Name CMP
Lodha Developers 890.25
Dilip Buildcon 458.85
DLF 613.00
Oberoi Realty 1739.70
Ahluwalia Contract(I 891.15
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×