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10 Real Estate Stocks With 'Buy' Ratings Ahead Of Q1 Results; Sobha, Oberoi Realty Among Top Picks — Check Target Prices
The brokerage prefers mixed use developers with high rental portfolio and stable presales.
Sobha gains after total sales value climbs 76% YoY in Q1 FY27
Sobha advanced 1.54% to Rs 1,463 after the company's total sales value jumped 75.88% YoY to Rs 3,656.1 crore in Q1 FY27, led by strong response for its new project launches, SOBHA OneWorld and Sacred Grove in Bangalore and SOBHA Crescent in Gurgaon.
Sobha Q1 Update: Sales bookings hit record ₹3,656 crore, up 76% YoY
During the quarter, the company completed 671 homes across eight projects, covering a total saleable area of 10.8 lakh square feet. Shares of Sobha Ltd ended at ₹1,440.75, up by ₹4.40, or 0.31%, on the BSE.
Eternal, Sobha among 11 stocks FIIs cut stake for 8 quarters in a row
Shareholding data shows that FIIs reduced equity holdings in 11 stocks from Nifty 500 in every single quarter after March 2024. List includes PNB Housing Finance, Eternal and Cyient among others.
Q4 Results LIVE Updates: DMart shares down 4%, ideaForge Technologies up 16%; Ambuja report today
Q4 Results LIVE Updates: Amubja Cements, Manappuram Finance, Godrej Properties, Aditya Birla Capital, Tata Technologies, KEI Industries, Jindal Stainless, BHEL, Aarti Industries, Sobha, Quess Corp, Tata Chemicals, Wockhardt, are among the companies reporting their earnings today. Also watch for earnings reactions from Avenue Supermarts, Kotak Mahindra Bank, CDSL, NSDL, Zen Technologies, Mazagon Dock and others. Watch this space for all the LIVE earnings reactions.
The Real Estate index is set for its best month in nearly five years as rebound continues
Stocks such as Sobha, Godrej Properties, Phoenix Mills Ltd., Ananta Raj, Lodha Developers, Oberoi Realty, Brigade Enterprises, Prestige Estates are trading with gains between 2% to as high as 4.5%. All constituents of the index are trading with gains. For the month so far, all constituents of the Realty Index are up between 15% to 30%.