Sobha Limited has announced impressive first-quarter results. The company’s profit after tax surged by 123%. Revenue also increased by 35%. Sobha achieved its highest-ever quarterly sales value, crossing Rs 2,000 crore. New area sold increased by 23%. The company’s managing director, Jagadish Nangineni, expressed optimism about sustained growth due to a strong balance sheet and stable demand.
Where should conservative investors invest Rs 10 lakh in a volatile market? Experts weigh in
With uncertainty clouding equity markets, investors looking to deploy a lumpsum face the challenge of allocating their money across asset classes. Four wealth management experts