Comments
Shares of realty firm Sobha Ltd jumped nearly 9 per cent in early trade on Tuesday after it had reported record sales bookings during the last fiscal year despite the Covid-19 pandemic.
The stock gained 8.39 per cent to ₹466.05 on the BSE.
At the NSE, shares of the company jumped 8.72 per cent to ₹468.95.
Sobha Ltd on Monday reported record sales bookings of ₹3,137 crore during the last fiscal year despite the Covid-19 pandemic. Its sales bookings stood at ₹2,880.6 crore in the 2019-20 financial year.
Related Stories
Sobha clocks record sales bookings of ₹3,137 cr in FY’21 despite Covid
Sales improved by 9 per cent in value terms when compared to FY'19-20"We have achieved a total sales volume of 40,13,381 square feet valued at ₹31.37 billion. Total sales value achieved during FY20-21 is the highest ever in the history of the company," the Bengaluru-based firm said in a regulatory filing.
The company achieved 9 per cent higher sales in value terms and 10 per cent higher average price realization as compared to FY 2019-20.
Related Stories
Sobha to explore new opportunities through joint development or management route
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.