SOBHA | Multiyear Breakout
Updated
📊 DETAILS
Sector: Construction - Residential & Commercial Complexes
Mkt Cap: 14,102 cr
Sobha Limited, incorporated in 1995, is a real estate developer engaged in construction to operations of townships, housing projects, commercial premises, and other related activities.
The Co. is also engaged in manufacturing activities related to interiors, glazing and metal works, and concrete products.
TTM PE : 155.53 (High PE)
Sector PE : 115.58
Beta : 1.19
📚 INSIGHTS
Strong Performer
Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation
5.67% away from 52 week high
Outperformer - Sobha up by 6.84% v/s NIFTY 50 up by 3.48% in last 1 month
📈 FINANCIALS
Piotroski Score of 5/9 indicates Average Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis & Trade Setups 🔍
For more technical analysis and trade setups, make sure to follow me on TradingView: tradingview.com/u/Munish_Jain/
Sector: Construction - Residential & Commercial Complexes
Mkt Cap: 14,102 cr
Sobha Limited, incorporated in 1995, is a real estate developer engaged in construction to operations of townships, housing projects, commercial premises, and other related activities.
The Co. is also engaged in manufacturing activities related to interiors, glazing and metal works, and concrete products.
TTM PE : 155.53 (High PE)
Sector PE : 115.58
Beta : 1.19
📚 INSIGHTS
Strong Performer
Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation
5.67% away from 52 week high
Outperformer - Sobha up by 6.84% v/s NIFTY 50 up by 3.48% in last 1 month
📈 FINANCIALS
Piotroski Score of 5/9 indicates Average Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis & Trade Setups 🔍
For more technical analysis and trade setups, make sure to follow me on TradingView: tradingview.com/u/Munish_Jain/
Trade closed: target reached
T1Trade closed: target reached
T2
Disclaimer
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