Sobha share price jumped 6 percent in the morning session on October 6 after CLSA maintained its outperform call on the stock.
The global research firm retained the outperform rating and raised the target to Rs 270 from Rs 252 per share. The company reported a sharp recovery in its pre-sales to 0.9 million square feet. Industry sales in Bengaluru are still 50 percent below pre-COVID level, according to a report by CNBC-TV18.
News Source:- Moneycontrol