Sobha block deal today: Stock falls 4.5% as around 5 mn shares change hands

Quick Summary:

Sobha Ltd has a market capitalisation (m-cap) of Rs 19,305 crore and the stock trades at a P/E of 425x.

Together with the volume on the National Stock Exchange (NSE), around 6.14 million shares have changed hands on the counter.

On Thursday, July 25, reports said the Godrej family-owned Anamudi was expected to sell 5 per cent of its 9.9-per cent stake in the real estate firm on Friday.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Sobha block deal update Godrej group Markets Business standard Sobha block deal Sobha block deal news Sobha block deal today Sobha block deal alert Sobha stock Anamudi Sobha share price Sobha ltd

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-26 @ 11:10:09 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 363 words

Reading Time: 3 minutes read

Sentences: 17 lines

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Copyright Owner: © Business Standard

News ID: 21781008

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