NSE: SOBHA | BSE: 532784

Mid-range Performer

Download real time

1529.00 -21.60 (-1.39%)

42.19% Gain from 52W Low

16,381 NSE+BSE Volume

NSE 03 Dec, 2025 10:47 AM (IST)

16,351.1

Market Cap

High in industry

Beta 1Year

Very High Volatility

Sobha Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for SOBHA, BSE:532784 Sobha Ltd.

Sobha Ltd.

08 Nov 2023

1529.00

-1.39%

Record quarter for sales bookings, robust launch pipeline

Buy: Sobha Ltd.

ICICI Securities Limited

Sobha Ltd. (SOBHA) achieved record Q2FY24 gross sales bookings of 1.7msf worth INR17.2bn (up 48% YoY in value terms), aided by the company achieving over 1msf of sales bookings in Bengaluru. The strong performance in H1FY24 with INR31.9bn of gross sales bookings comes on the back of a strong performance in FY23 when the company had clocked its best-ever annual sales with gross sales bookings of 5.65msf worth INR52.0bn.

Sobha Ltd.'s price crossed below 100Day SMA today

Sobha Ltd.

07 Nov 2023

1529.00

-1.39%

Healthy all-round performance

Buy: Sobha Ltd.

Target

Motilal Oswal

Sobha Ltd. is trading below its 30 day SMA of 1578.2

Sobha Ltd.

09 Aug 2023

1529.00

-1.39%

FY24 sales booking guidance contingent on new launches

Buy: Sobha Ltd.

ICICI Securities Limited

Sobha Ltd. (SOBHA) achieved record Q1FY24 gross sales bookings of 1.39msf worth INR14.7bn (up 28% YoY in value terms), aided by the company achieving its highest-ever gross realisation of INR10,506/psf. The strong start to FY24 comes on the back of a strong FY23 operating performance where the company had clocked its best-ever annual sales performance with gross sales bookings of 5.65msf worth INR52.0bn.

Sobha Ltd. has an average target of 1811.50 from 2 brokers.

Sobha Ltd.

06 Jul 2023

1529.00

-1.39%

Strong start to FY24, launches remain key

Buy: Sobha Ltd.

ICICI Securities Limited

Sobha Ltd. (SOBHA) achieved record Q1FY24 gross sales bookings of 1.39msf worth Rs14.7bn (up 28% YoY in value terms), aided by the company achieving its highest-ever gross realisation of Rs10,506/psf. The Bengaluru market clocked 0.84msf or 60% of the quarter’s volumes and 54% of sales value.

Sobha Ltd. is trading above its 200 day SMA of 1437.4

Sobha Ltd.

28 Jun 2023

1529.00

-1.39%

SOBHA LTD

Buy: Sobha Ltd.

Recommendation Target

Hem Securities

Sobha Ltd. has an average target of 1811.50 from 2 brokers.

Sobha Ltd.

01 Jun 2023

1529.00

-1.39%

Sobha Limited

Buy: Sobha Ltd.

Target

ICICI Direct

Sobha Ltd.'s price crossed below 100Day SMA today

Sobha Ltd.

30 May 2023

1529.00

-1.39%

Strong launch pipeline to drive FY24E sales bookings

Buy: Sobha Ltd.

Target

ICICI Securities Limited

Sobha Ltd. (SOBHA) achieved record Q4FY23 gross sales bookings of 1.48msf worth Rs14.6bn (up 32% YoY in value terms) aided by the company achieving its highest ever gross realisation of Rs9,898/psf.

Sobha Ltd. is trading below its 30 day SMA of 1578.2

Sobha Ltd.

29 May 2023

1529.00

-1.39%

Operational performance higher than expected

Buy: Sobha Ltd.

Target

Motilal Oswal

Sobha Ltd. is trading below its 30 day SMA of 1578.2

Sobha Ltd.

16 Feb 2023

1529.00

-1.39%

Sobha Limited

Buy: Sobha Ltd.

ICICI Direct

Sobha Ltd. has an average target of 1811.50 from 2 brokers.

Sobha Ltd.

09 Feb 2023

1529.00

-1.39%

Gurugram market drives sales bookings

Buy: Sobha Ltd.

ICICI Securities Limited

Sobha Ltd. (SOBHA) achieved Q3FY23 gross sales bookings of 1.47msf worth Rs14.2bn vs. Isec estimate of Rs12.0bn and is the best ever quarter for the company in value terms for sales bookings. The Gurugram market which saw release of new inventory of 0.7msf was the key driver with volumes of 0.35msf and accounted for 24% of the quarter’s sales volumes.

Sobha Ltd. is trading above its 200 day SMA of 1437.4

Is Sobha Ltd. worth buying?

166 Votes:

Buy 81.93%

Sell 10.24%

Hold 7.83%

RESEARCH REPORTS

Accumulate SEE REPORTS >

pdf

Hold SEE REPORTS >

pdf