Why is Sobha stock falling?

Why is Sobha stock falling?

Sobha reported 64.65% YoY decline in consolidated net profit in the March quarter to Rs17. 90 crore. Total income declined 37% to ₹588.90 crore in Q4 FY21. The company’s consolidated performance was hit by subdued performance of its contractual and manufacturing business.

Is it good to invest in Sobha shares?

Sobha Limited (NSE: SOBHA) As on 14th Dec 2021 SOBHA Share Price closed @ 851.75 and we RECOMMEND Strong Buy for LONG-TERM with Stoploss of 598.29 & Buy for SHORT-TERM with Stoploss of 836.60 we also expect STOCK to react on Following IMPORTANT LEVELS.

Which part of Bangalore is most developed?

Top 10 Posh Areas in Bangalore (Best Residential Places &…

• Jayanagar.
• Koramangala.
• Malleshwaram.
• Rajaji Nagar.
• Frazer Town.
• Sadashivanagar.
• HSR Layout.
• Bellundur.

What is the history of Sobha Limited?

Founded in the year 1995, Sobha Limited is one of the largest real estate development company in India. It is a Rs. 22 billion company headquartered in Bangalore, having projects spread across 13 states and 24 cities. Sobha Limited is primarily focused on development of residential and contractual projects.

Why choose Sobha?

Sobha has constructed wide array of structures for prestigious corporate clients namely Dell, Institute of Public Enterprises (IPE), Taj Group, Hotel Leela Ventures, Infosys, Bosch, HP, Biocon and Timken.

What is the Sobha garrison in Bangalore?

Sobha Garrison is an ongoing project of Sobha Developers Pvt Ltd. It is a huge residential property designed for luxury with an intake of 2 blocks and spacious over 310 houses. It offers 3 bhk apartments in an area ranging between 1200 sq ft to 1500 sq ft. Located at Peenya on Tumkur Road in Bangalore.

Who are the best real estate developers in Bangalore?

Sobha Developers is the developer of huge residential property named Sobha Garrison. They are one of the leading real estate developers in Bangalore. Mr P. N. C. Menon founded Sobha Group in the year 1995. They have the vision to transform the way people perceive quality.