|
18 Apr 2025 |
Sobha
|
Consensus Share Price Target
|
1195.60 |
1575.65 |
- |
31.79 |
buy
|
|
|
|
|
26 Mar 2025
|
Sobha
|
Geojit BNP Paribas
|
1195.60
|
1447.00
|
1203.85
(-0.69%)
|
21.03 |
Buy
|
|
|
|
|
08 Feb 2025
|
Sobha
|
Motilal Oswal
|
1195.60
|
2058.00
|
1287.15
(-7.11%)
|
72.13 |
Buy
|
|
|
SOBHA reported bookings of INR14b (37% below estimate) and -29%/+18% YoY/QoQ. SOBHA’s share of sales stood at INR12.5b, -28%/+27% YoY/QoQ.
|
|
26 Nov 2024
|
Sobha
|
Geojit BNP Paribas
|
1195.60
|
1802.00
|
1621.65
(-26.27%)
|
50.72 |
Accumulate
|
|
|
|
|
08 Jul 2024
|
Sobha
|
Geojit BNP Paribas
|
1195.60
|
1714.00
|
2023.50
(-40.91%)
|
Target met |
Sell
|
|
|
|
|
19 May 2024
|
Sobha
|
Motilal Oswal
|
1195.60
|
2150.00
|
1831.15
(-34.71%)
|
Target met |
Buy
|
|
|
SOBHA posted flat YoY bookings of INR15b (in line) in 4QFY24, which declined 23% QoQ for the first time since 2QFY22. While the company launched four projects with a saleable area of 3.2msf, two of those large launches came at the end of the quarter, thus limiting its contribution to pre-sales.
|
|
08 Feb 2024
|
Sobha
|
Motilal Oswal
|
1195.60
|
1700.00
|
1430.60
(-16.43%)
|
Target met |
Buy
|
|
|
|
|
03 Jan 2024
|
Sobha
|
Motilal Oswal
|
1195.60
|
1400.00
|
1119.50
(6.80%)
|
Target met |
Buy
|
|
|
|
|
08 Nov 2023
|
Sobha
|
ICICI Securities Limited
|
1195.60
|
891.00
|
760.65
(57.18%)
|
Target met |
Buy
|
|
|
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.
|
|
07 Nov 2023
|
Sobha
|
Motilal Oswal
|
1195.60
|
960.00
|
760.65
(57.18%)
|
Target met |
Buy
|
|
|
|
|
09 Aug 2023
|
Sobha
|
ICICI Securities Limited
|
1195.60
|
891.00
|
581.40
(105.64%)
|
Target met |
Buy
|
|
|
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.
|
|
06 Jul 2023
|
Sobha
|
ICICI Securities Limited
|
1195.60
|
891.00
|
555.40
(115.27%)
|
Target met |
Buy
|
|
|
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.
|
|
28 Jun 2023
|
Sobha
|
Hem Securities
|
1195.60
|
627.00
|
537.00
(122.64%)
|
Target met |
Buy
|
|
|
|
|
01 Jun 2023
|
Sobha
|
ICICI Direct
|
1195.60
|
680.00
|
558.25
(114.17%)
|
Target met |
Buy
|
|
|
|
|
30 May 2023
|
Sobha
|
ICICI Securities Limited
|
1195.60
|
891.00
|
506.95
(135.84%)
|
Target met |
Buy
|
|
|
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.
|
|
29 May 2023
|
Sobha
|
Motilal Oswal
|
1195.60
|
750.00
|
506.95
(135.84%)
|
Target met |
Buy
|
|
|
|
|
16 Feb 2023
|
Sobha
|
ICICI Direct
|
1195.60
|
750.00
|
578.65
(106.62%)
|
Target met |
Buy
|
|
|
|
|
09 Feb 2023
|
Sobha
|
ICICI Securities Limited
|
1195.60
|
808.00
|
570.95
(109.41%)
|
Target met |
Buy
|
|
|
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.
|
|
08 Feb 2023
|
Sobha
|
Motilal Oswal
|
1195.60
|
855.00
|
577.40
(107.07%)
|
Target met |
Buy
|
|
|
|
|
09 Jan 2023
|
Sobha
|
ICICI Securities Limited
|
1195.60
|
808.00
|
585.05
(104.36%)
|
Target met |
Buy
|
|
|
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.
|
|
17 Nov 2022
|
Sobha
|
ICICI Direct
|
1195.60
|
750.00
|
631.65
(89.28%)
|
Target met |
Buy
|
|
|
|