Sobha Ltd News

Sobha's FY22 sales bookings up 23% to Rs 3,870 cr on better housing demand_52339

According to a quarterly operational update, the company's sales bookings in volume terms increased by 22% to 49,09,567 sq ft during the last fiscal from 40,13,581 sq ft in the 2021-22 fiscal year

Rising raw material costs make analysts cautious on realty stocks_48159

Over the last one year, developers' average cost of construction has risen 10 - 12 per cent, owing to higher input cost due to supply-side constraints

Sobha's Q3 net rises 57% to Rs 33 cr, revenue dips 2% to Rs 668 cr_31305

The company achieved total cash inflow of Rs 1,059 crore during Q3 of FY22 which is the highest in its lifetime

Policy impact: Rate-sensitive shares gain as RBI keeps key rates unchanged_30052

At 10:31 am; Nifty Bank, Nifty Financial Services, Nifty PSU Bank and Nifty Realty indices were up 1 per cent, against a 0.5 per cent gain in the benchmark Nifty50 index

DLF, Oberoi Realty: Rally in real estate stocks has more legs, charts show_16896

The Nifty Realty index can rally towards 525-level.

Rate sensitive sector indices gain upto 2% as RBI keeps repo rate unchanged_4680

Among individual stocks, Bajaj Finance, Mahindra & Mahindra Financial Services, ICICI Bank and State Bank of India (SBI) logged smart gains

Realty index slips 6%; DLF, Oberoi Realty, Godrej Properties down up to 8%_138

Despite the over 10 per cent correction from its 52-week high, the BSE Realty index has outperformed the market by surging 57 per cent thus far in the calendar year 2021