Shares of Sobha jumped 4% to the day’s high of 688 on the NSE in Thursday’s trade after the real estate company said that it recorded its highest-ever sales of Rs 1,724 crore for the quarter ended September 30, 2023. The sales surged 48% year-on-year (YoY), the company said in its filing to the exchanges. … Read more
Sobha, part of the realty sector, has fallen by over 35 per cent from its January 2022 high but recent price action suggests that the stock is showing signs of a rebound. The realty stock hit a 52-week high of Rs 1045 on 19 January 2022 but then the trend went sideways. It took support … Read more
New Delhi: The domestic equity market was back in green on Thursday as the benchmark indices settled higher. Among the sectors, realty, consumer durables, auto and IT attracted the most buying, while oil & gas stocks came under pressure. India VIX plunged sharply. The 30-share Sensex gained 488.10 points or 0.82 per cent, to close … Read more