Chart Of The Day – Sobha Reclaims Three Year Old Record High In Style

There is no stopping for Sobha, as the stock continued its winning momentum to reclaim its all-time high, that was set over three years ago. In today’s session, the stock shot-up 10% on twice the average trading volume. The stock continues to garner interest from both retail and institutional buyers. The stock’s topline growth has accelerated in the last two quarters, translating to double-digit earnings growth.

Sobha - Chart of the Day_MarketSmithIndia

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