Sobha Ltd. Stock Surges on Positive Brokerage Reports

  Published 1 year ago

Sobha Ltd. (SOBH.NS) shares jumped ~7% after Investec and HSBC issued positive reports, predicting a strong rebound in FY26 driven by increased launches and improved profit margins. Both firms maintain a 'buy' rating.

  • FY26 seen as turnaround year for Sobha.
  • HSBC raised PT to 1,850 rupees.
  • Planned launches to double in FY26.

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