07 April Stock Market Stocks- Large bulk deal boosts Sobha Ltd

top stocks list Stocks of Sobha Ltd rose 1.2% to Rs 408 today afternoon today on BSE, following a large bulk deal of 40.15 lakh shares was executed on the scrip at Rs 415 per share on BSE.

On the BSE, 44.87 lakh shares have been traded on the counter against the ADV of 41,524 shares in the past one quarter. The stock had hit a high and low of Rs 415 and Rs.401 respectively during the day. Sobha Ltd has equity capital of Rs 96.30 crore, with a face value per share is Rs 10.00

The net profit of the company rose on a consolidated basis by 7.95% to Rs 39.40 crore on 24.37% growth in net sales to Rs 540 crore in third quarter December 2016 year-on-year.

Sobha Group is one of the largest real estate company in India engaged in construction and development of residential as well commercial projects, having presence in 24 cities and 13 states across India.