CLSA has raised its target price on the stock to Rs 850 from Rs 805 and maintained a buy rating. The brokerage said it’s bullish on the property developer because of its focus on the Bangalore realty market, where housing demand outlook remains strong. CLSA said Sobha generated free cash flows for the seventh straight quarter in April-June, resulting in its debt levels falling.
ICICI Prudential Life Q3 Results: PAT jumps 19% YoY to Rs 397 crore, net premium income drops 4%
ICICI Prudential Life reported a 19% YoY rise in Q3 PAT to Rs 387 crore even as net premium income fell 3.7%. VNB touched Rs