Sobha: Strong kick-off to FY26. Maintain BUY
The company also delivered 1.07msf across key projects, showcasing its execution strength and in-house development capabilities
314 Views
IndiQube Spaces Pre-IPO - Capacity Has Been Expanding, Though Margins Remain Unstable
IndiQube Spaces Ltd is set to raise $100m in its India IPO, offering managed workplace solutions to enhance employee experience and efficiency.
509 Views
Sobha: New growth drivers in place. Maintain BUY
Sobha Ltd (SDL) delivered a sharp sequential recovery in Q4FY25 with presales of INR 18.4bn (+24.4% QoQ, +18.1% YoY) c.50% from its new launches,...
302 Views
Sobha - Limited Launches Dampen Pre-Sales
SOBHA reported bookings of INR14b (37% below estimate) and -29%/+18% YoY/QoQ. SOBHA’s share of sales stood at INR12.5b, -28%/+27% YoY/QoQ.
573 Views
Sobha: Presales run rate reset. Maintain BUY
Q2FY24 operational data further strengthens our thesis as Sobha reported lifetime high presales of INR 17.2bn (+48.1%/+17.7% YoY/QoQ).
351 Views