BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Macquarie maintains outperform on Sobha Developers
Launch pipeline provides visibility to cash flows. Strong balance sheet, limited news flow risk. Trading at attractive valuations of 1.3-times forward FY14 price by book value. Target at Rs 378.