Geojit Financial Services has issued an ACCUMULATE rating for Sobha Ltd., setting a target price of Rs 1,802, representing an 11% upside from the current market price of Rs 1,622.

India’s top 26 listed real estate firms collectively sold properties worth Rs 34,985 crore during the July-September 2024 quarter, driven predominantly by the residential segment.

Sobha Limited, a renowned name in Indian premium real estate sector, continues to showcase robust growth despite market fluctuations.

Market expert Ashish Chaturvedi has suggested four BUY Calls and no SELL Call for today’s trading session. Indian stocks are expected to open lower today amid weak global cues.

Market expert Varun Dubey has suggested four BUY Calls and no SELL Call for today’s trading session.