Sobha shares fall 4% after total sales decline 32% YoY to Rs 1,179 crore in Q2

Sobha shares fell by nearly 4% due to a 32% YoY decline in Q2 FY25 sales, totaling Rs 1,178.5 crore compared to Rs 1,723.8 crore in Q2 FY24. Bangalore and Kerala regions posted significant growth. Despite the dip, the stock has delivered over 150% returns in the past year.