In the past one month, the realty index has tanked 8 per cent, as against 2 per cent rise in the Nifty 50.
Sobha stock can potentially rally up to 25% to ₹1,940 levels, hints technical chart; while DLF may gain around 15%. Brigade Enterprises, however, looks weak on the chart.
Stocks to watch on October 20: Dixon Tech, PNB and IndusInd Bank are among tother top stocks to track today.
The company recorded a 61 per cent year-on-year surge in sales bookings to ₹1,902.6 crore in the second quarter (Q2) of the current fiscal
In Q2, according to the company's filing, Sobha recorded real estate sales value of ₹1,903 crore, reflecting a growth of 61.4 per cent compared to Q2FY25
The key trigger for the sector and listed companies are trends in housing sales. Data on this front does not look favourable
Real estate sector/stocks: The Nifty Realty index has slumped nearly 14 per cent so far in 2025 (till Sept 15), in sharp contrast to the 6 per cent gain in the benchmark Nifty50 index.
These three rate-sensitive stocks across auto, bank and realty sectors can potentially rally up to 20% in the near-term, suggest technical charts.
Historically, the combination of narrowing earnings differential, high valuations and prolonged outperformance, Nuvama said, has led to a large period of underperformance for SMIDs (2018-19)
Technical analysis shows that DLF and Sobha are relatively better-placed on charts compared to other realty stocks; here are the key levels to track on these 2 shares.
Indian real estate developers have capitalized on a post-pandemic shift in buyer preferences towards larger, amenity-rich apartments by securing land deals and swiftly launching new projects
At 12:03 PM; Nifty Realty, the top loser among sectoral indices, was down 3 per cent, as compared to 0.35 per cent rise in Nifty 50.
Realty firm Sobha Ltd has reported an 11 per cent increase in sales bookings to a record Rs 2,078.8 crore in the first quarter of this fiscal year as housing demand continues to be strong. Its sales bookings or pre-sales stood at Rs 1,873.7 crore in the year-ago period. The Bengaluru-based company sold 14.44 lakh sq ft area in April-June period of this fiscal year as against 11.75 lakh sq ft, according to a regulatory filing on Monday. During the June quarter, Sobha completed 1.07 million sq ft of saleable area and delivered 594 homes across projects. Sobha said the company has achieved its "highest-ever quarterly real estate sales value of Rs 20.79 billion, crossing the Rs 2,000 crore milestone for the first time." The company attributed various factors for robust demand, including urban migration, record commercial space absorption, stronger consumer and investor confidence, declining interest rates, and growing home ownership aspirations. Sobha launched two housing projects dur
Real estate company Sobha Ltd will invest around Rs 800 crore to develop a luxury housing project in Greater Noida as part of its plan to expand business in the Delhi-NCR property market. The Bengaluru-based company has got all regulatory approvals to launch its project 'SOBHA Aurum' in Greater Noida, comprising 420 apartments. The project is spread across 3.46 acres with development potential of 9.3 lakh square feet, the company said in a statement on Thursday. Sobha Ltd did not mention the project cost. However, sources said the total investment will be around Rs 800 crore. The realty company has launched this project at around Rs 14,000 per square feet. The apartments are being sold in a price range of Rs 1-3.5 crore. Sobha Ltd had bought this land parcel through an auction process for around Rs 160 crore. The company already has a presence in the Delhi-NCR market. It has developed many projects in Gurugram, including 'Sobha International City' on Dwarka Expressway. This is t