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Top News In Sobha City Today - Breaking & Trending Today

Trade Spotlight | How to trade in LIC Housing Finance, Sobha, PB Fintech today

Sobha ended at new closing high after break out of downward sloping resistance trendline, and formed long bullish candlestick pattern on the daily timeframe with above average volumes. ....

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Top 5 hybrid mutual funds with over 40% gains in last 1 year

Hybrid funds invest in both equity and debt with the goal of balancing risk and reward, and optimizing investment returns. The tax treatment of equity-oriented hybrid schemes is similar to that of equity schemes ....

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Citi replaces RIL with BPCL post Q3 earnings; a look at its model portfolio

Post the earnings, brokerage Citi is overweight on PSU Utilities & Defence, Industrials, Banks/Insurance and underweight on Consumer Discretionary, IT Services, and Metals. Its December 2024 NIFTY target is 22.5k, which indicates a 2 percent upside. ....

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housing sales: Luxury housing sale jumps 75% Y-o-Y in 2023

A total of 12,935 units were sold in 2023 against 7,395 in 2022, as large developers such as DLF, Sobha, Lodha, TARC, Max launched and sold apartments in this price bracket and beat the annual guidance. ....

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Sobha: Going forward, we have Rs 12,000 crore of unrecognised revenue, which is coming at a much higher margin: Sobha MD

Sobha explains that the revenue and margin pressure is due to the completion of pre-Covid projects. The company expects an uptick in revenue and margin percentages as the pace of deliveries increases. The focus on cash flow management helps maintain positive net cash flow and a low net debt to equity ratio. ....

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