Sobha Ltd

The company did not specify any reason for the search

Lean balance sheet, demand for housing during Covid boosted the cash flow of these companies

It was alleged the transactions were against the interest of the minority shareholders

Book profits at ₹735

The developer’s strong brand and operational fundamentals are positives; the stock currently trades at ₹535

Buzzing stocks: Aurobindo, Sundaram Finance, GVK Power, Karur Vysya Bank, Sobha, YES Bank, Dish TV, IndusInd Bank, Grasim, GAIL India and Britannia

The demand is likely to sustain in the second half of the financial year

Favourable tailwinds from government incentives and interest rates makes the real estate stock a buy at current levels of ₹460

Total income fell to ₹588.9 crore in the fourth quarter

In a rather flat market, the stock is up 12 per cent

Sales improved by 9 per cent in value terms when compared to FY'19-20