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Signs of recovery? This real estate firm rallied 15% in June but is still 40% under in 2020

Updated : June 30, 2020 12:41 PM IST

The share price of the company also surged over 8 percent in trade today on robust March quarter numbers. 
The company said that it has achieved the highest ever total sales volume of 4.07 million square feet valued at Rs 2,881 crore during FY20.
While Jefferies has a 'buy' rating on Sobha, Morgan Stanley is 'overweight' on the stock.
Signs of recovery? This real estate firm rallied 15% in June but is still 40% under in 2020

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