New launches in Bangalore and other cities should keep the momentum going

Continuing strength in the Bangalore realty market, good execution track record and well-recognised brand name make Sobha Developers a strong player in the high-end residential segment. These positives have buoyed Sobha’s stock price nearly 60 per cent in the last six months, matching the gains in the BSE Realty Index. At the current price of ₹436, the stock trades at 15 times its estimated earnin...