Sobha Developers gained on Wednesday
after it has announced strong Q1 earnings. Shares of the company
are trading at Rs 366.55, up Rs 4.35, or 1.20% at the Bombay Stock
Exchange (BSE) on Wednesday at 09:39 a.m.The company reported a
rise of 69.17% in net profit to Rs 450 million for the quarter
ended June 30, 2012 as compared to Rs 266 million in the same
period last year.
Total income has increased by 56% to Rs 4.33 billion for the quarter ended June 30, 2012 from Rs 2.78 billion in the year ago period.The scrip has touched an intra-day high of Rs 370.70 and low of Rs 365.25. The total volume of shares traded at the BSE is 18,447.In the earlier session, the shares rose 2.32%, or Rs 8.2, at Rs 362.20. Currently, the stock is trading down 0.93% from its 52-week high of Rs 370.00 and above 97.87% over the 52-week low of Rs 185.25.
Share Price Movement Period Pricein Rs Gain/(Loss) in Rs in % 1 Week 352.00 10.20 2.90 1 Month 327.45 34.75 10.61 3 Months 321.45 40.75 12.68 6 Months 270.85 91.35 33.73 1 Year 242.20 120.00 49.55 Note: Based on previous day closing price.
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