Sobha shares record jump after property developer sales reports

Sobha, incorporated in the year 1995, is a mid cap company. 

Having a market cap of Rs 5444.15 Crore, operating in Real Estate sector.

Having a market cap of Rs 5444.15 Crore, operating in Real Estate sector.

ICICI Securities has buy call on Sobha with a target price of Rs 89.

The current market price of Sobha is Rs 572.55.

Total Income of Rs 1240.10 Crore, up 38.10% from last quarter.

Total Income of Rs 1240.10 Crore, up 38.10% from last quarter.

Total Income of Rs 898.00 Crore and up 61.72% from last year same quarter total Income of Rs 766.80 Crore.

Company has reported net profit after tax of Rs 48.60 Crore in latest quarter