Sobha trades 4% higher; new sales area at 3.38 mn sq ft

India Infoline News Service | Mumbai | April 07, 2016 09:32 IST

The company has registered new sales area of 3.38m sq ft valued at 20.12bn at an average price realisation of Rs. 5946 per sq ft.

Sobha Developers
Sobha Ltd was trading 4% higher at Rs. 281.The company has registered a new sales area of 3.38m sq ft valued at 20.12bn at an average price realisation of Rs. 5946 per sq ft. 
The scrip opened at Rs. 275 and has touched a high and low of Rs. 283.4 and Rs. 274 respectively. So far 33909(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 2658.41 crore.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 467.9 on 10-Apr-2015 and a 52 week low of Rs. 230.05 on 25-Feb-2016. Last one week high and low of the scrip stood at Rs. 279.2 and Rs. 266.1 respectively.
The promoters holding in the company stood at 60.58 % while Institutions and Non-Institutions held 34.76 % and 4.66 % respectively.
The stock is currently trading above its 200 DMA.
BSE 265.15 [1.45] ([0.54]%)

***Note: This is a NSE Chart

 

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