Sobha Developers News Today

After two straight months of decline, the broader market index Nifty Midcap jumped 3.5 percent in April so far. Meanwhile, it fell around 0.3 percent in March as well as in February. Brokerage house Motilal Oswal has listed 9 midcap stock picks you can buy this month (April). Lets take a look.

The Indian markets pared gains after hitting fresh record highs on Tuesday. The S&P BSE Sensex climbed Mount 75K for the first time to hit a record high of 75,124 while the Nifty50 hit a record high of 22,768.

At a very young age, Menon who hailed from Palghat, Kerala, lost his father who worked as a farmer. After this unfortunate demise, the family found themselves pushed into financial trouble.

His journey was full of challenges from a young age, as he faced the reality of providing for his family after his father's demise.

Nifty is currently trading at a 12-month forward PE of 19.4x versus LPA of 20.3x. Motilal Oswal selects 11 largecap stocks as its top ideas, Of these two are non-Nifty players

With this acquisition, Sobha plans to execute a project in approximately 2.03125 acres of land situated at sector 106, Gurugram.

PNC Menon, the former chairman and founder of Shobha Limited, the largest real estate company in the nation, had only Rs 50 when he left his home.

Sobha Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 11163.36 Crore) operating in Real Estate sector.

A college dropout, PNC Menon left India with just Rs 50 in his pocket and emerged as one of the richest NRIs in the middle east.

Both Nifty Auto and Nifty Realty indices are in focus after the RBI MPC kept its repo rate unchanged for the fifth time today, in the last policy meeting of 2023.