External broker reports(aggregated public sources), HDFC Securities

HDFC Securities

HDFC securities is the best online trading platform for stocks, IPOs, mutual fund in India. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only.  Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports(aggregated public sources)

HDFC securities is the best online trading platform for stocks, IPOs, mutual fund in India. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

<ul><li>Sobha Ltd (SDL) reported a strong Q1FY26 presales performance, up 11% YoY to INR 20.8bn, driven by robust sustenance sales in Gurugram, Bengaluru, and other markets (INR 10bn), along with healthy new launches contributing INR 10.8bn (72% of the INR 15bn launched GDV)</li><li>The company also delivered 1.07msf across key projects, showcasing its execution strength and in-house development capabilities</li><li>H2FY26 is expected to see an even stronger momentum, with big launches including Gurgaon Sector 63A (INR 30bn GDV), Pune, Mumbai, and Bengaluru (INR 30bn)</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Sobha Ltd (SDL) reported a strong Q1FY26 presales performance, up 11% YoY to INR 20.8bn, driven by robust sustenance sales in Gurugram, Bengaluru, and other markets (INR 10bn), along with healthy new launches contributing INR 10.8bn (72% of the INR 15bn launched GDV)The company also delivered 1.07msf across key projects, showcasing its execution strength and in-house development capabilitiesH2FY26 is expected to see an even stronger momentum, with big launches including Gurgaon Sector 63A (INR 30bn GDV), Pune, Mumbai, and Bengaluru (INR 30bn)Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Sobha: Strong kick-off to FY26. Maintain BUY