Share the post "Promoter(Buy/Sell) : Sobha on 19 Jul 2024"
Today’s major promoter deals are listed below where the clients Sobha Menon played a major role. Let’s uncover them to stay abreast of the latest dynamics in the trading world.
| Company | Promoter | Buy/Sell | Qty Traded | Price | Mode | Dates | Traded(%) | Before Per(%) | After Per(%) | Price Change |
|---|---|---|---|---|---|---|---|---|---|---|
| Sobha Limited | P N Haridas | Buy | 5744 | 825.5 | Others | 16/07/24 To 18/07/24 | very low | 0.05 | 0.05 | +2.35 |
| Sobha Limited | Sobha Menon | Buy | 4M | 825.5 | Revokation of Pledge | 16/07/24 To 18/07/24 | +0.34 | 30.29 | 30.63 | +2.35 |
Today’s major promoter deals are listed below where the clients Sobha Menon played a major role. Let’s uncover them to stay abreast of the latest dynamics in the trading world.Sobha Limited company’s 5744 of shares have been purchased by promoter P N Haridas at a price of ₹825.5 per share from offline market in between 16-Jul-2024 to 18-Jul-2024. Initially, their total percentage of shares was 0.05%. After purchasing an additional small amount of shares , their total percentage of shares amounted to 0.05. The positive price fluctuation shows that the price of the asset has increased by 2.35 from 18/07/24 to the present date.
Sobha Limited company’s 4M of shares have been purchased by promoter Sobha Menon at a price of ₹825.5 per share in between 16-Jul-2024 to 18-Jul-2024. Initially, their total percentage of shares was 30.29%. After purchasing an additional +0.34% of shares, their total percentage of shares amounted to 30.63%. The positive price fluctuation shows that the price of the asset has increased by 2.35 from 18/07/24 to the present date.
Sobha Limited
6,403.95
Net Sales
60.56
Net Profit
6,698.55
Total Income
6,587.59
Expenditure
1,710
Current Price
17,257
Market Cap
The financial snapshot for Sobha Limited reveals a noteworthy performance this quarter. Net sales amounted to ₹6,403.95 million and total income was ₹6,698.55 million. The company's expenditure was ₹6,587.59 million, leading to a net profit of ₹60.56 million. Earnings per Share (EPS) for continuing operations were ₹0.64. The report also highlights other income of ₹294.60 million, finance costs of ₹539.20 million, and employee benefit expenses of ₹929.58 million. Depreciation and amortization costs were ₹203.59 million, while current and deferred taxes were ₹442.07 million and ₹-391.67 million, respectively. The total comprehensive income for the period stood at ₹63.82 million, with other comprehensive income net of taxes at ₹3.26 million.
Currently valued at ₹17,257 crore, the company's stock price is ₹1,710. It has seen a price range of ₹2,178 / 623 over time. The stock's Price-to-Earnings (P/E) ratio is notably high at 400, implying a strong valuation. The book value per share is ₹235 and the dividend yield is 0.18%. ROCE is recorded at 7.12%, and ROE stands at 1.97%. The company maintains a very low debt-to-equity ratio of 0.77, though it has a negative net cash flow of ₹-166 crore. The Piotroski score of 5.00 and the Graham Number of ₹146 suggest some caution, while the Price-to-Book (P/B) ratio of 7.28 reflects a premium valuation.
