Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
826.80
Change Change %
-17.85 -2.11%

Updated:03 Dec, 2021, 15:53 PM IST

BSE
827.55
Change Change %
-17.25 -2.04%

Updated:03 Dec, 2021, 16:00 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Nirmal Bang
N/A
05-02-2020 Sell 406.00 360.00
N/A
Target Hit Short (1M)
05-03-2020

Nirmal Bang Recommends 'Sell' On Sobha

According to Nirmal Bang, Sobha's rich valuation amid lack of pricing power and rising costs will exert pressure on the stock price. Key concerns include the continuing downtrend in realizations, poor cash flows, rising debt and weakening balance sheet, the brokerage adds. 

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