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Risk to Sobha’s ambitious FY25 pre-sales guidance looms large | Stock Market News
Source: Live Mint After a muted first half (H1FY25), South India-focussed realty company Sobha Ltd is lagging on pre-sales and new launches. In H1FY25, pre-sales or bookings slid 4% year-on-year to ₹3,050 crore, impacted by slower sales in recently launched projects. Even so, the management has retained its FY25 pre-sales guidance of ₹8,500 crore. In…