Shares of Sobha Ltd rose as much as 10.7% to Rs 497.7, biggest per cent gain since January 17.

Real estate developer's March-quarter profit jumped 73.2% to Rs 113 crore helped by higher pre-sales volume

The company’s Q4 profit was driven by higher pre-sales worth Rs 921 crore

Up to Friday's close, shares of Sobha have fallen 1.2% and DLF Ltd was down 7.4% this year, while Prestige Estates Projects Ltd has risen 14.8% in the same period

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