[ad_1] Brokerage firm Investec has initiated coverage on Sobha with a ‘Buy’ rating. Investec has a price target of ₹2,150 on the stock, which implies a potential upside of nearly 42% from Thursday’s closing levels. Investec views Sobha as a late recovery play in the real estate cycle. The company has benefited from strong demand […]
Sobha Block Deal: 5% equity worth ₹865 crore changes hands, Anamudi Real Estate likely seller – CNBC TV18
[ad_1] As many as 47.4 lakh equity shares, or 5% equity, of Sobha Ltd worth ₹865 crore changed hands at ₹1,825 per share in a block deal on Friday, July 26. . The official buyers and sellers of the transaction are not yet known. On Thursday, CNBC-TV18 reported, citing sources that Anamudi Real Estate LLP, […]