SOBHA LTD SHARE PRICE TARGET 2024, 2025, 2026 TO 2030

Even if investing in the stock market is always a risk, Sobha Ltd. is a worthwhile wager. The share price prediction for Sobha Ltd. for the years 2024 to 2030 seems promising given the company’s consistent track record of income growth, PAT, sales growth, and profit growth over the previous five years.

Everyone is wondering if it will reach 5000 INR by 2025. We will examine the financials of Sobha Ltd. in this post and determine whether it is a worthwhile investment. So, buckle up and come along as we embark on this fascinating journey to learn more about the possibility of Sobha Ltd’s share price goal.

How to purchase Sobha Ltd shares?

Below are the trading platforms that you can use to purchase Sobha Ltd shares:

➤ Zerodha

➤ Upstox

➤ Groww

➤ AngelOne

➤ ICICIDirect

Sobha Share Price Prediction: 2024 to 2030

Sobha Share Price Target 2024

When Maximum Price Minimum Price
April 2024 1,688.04 1,467.86
May 2024 1,663.09 1,446.17
June 2024 1,722.96 1,498.23
July 2024 1,705.74 1,483.25
August 2024 1,773.96 1,542.58
September 2024 1,844.92 1,604.28
October 2024 1,808.75 1,572.82
November 2024 1,863.01 1,620.01
December 2024 1,909.59 1,660.51

In 2024, Sobha Limited’s share price exhibits fluctuating trends, with projections indicating a potential upward trajectory. The stock is anticipated to reach its maximum at ₹1,909.59 in December, while its minimum is expected to be around ₹1,446.17 in May. These figures suggest a dynamic market environment, possibly influenced by factors such as economic indicators and company performance.

Finances rule

With a market capitalization of ₹14,822 Cr. and a current price of ₹1,563 as of April 2nd, 2024, Sobha Limited maintains a notable position in the market. The stock’s high/low range stands at ₹1,678 / ₹426, reflecting considerable volatility. Additionally, with a stock P/E of 164 and a book value of ₹263, investors may consider various factors before making investment decisions

Sobha Share Price Target 2025

When Maximum Price Minimum Price
January 2025 1,947.78 1,498.29
February 2025 1,997.72 1,536.71
March 2025 2,075.63 1,596.64
April 2025 2,034.93 1,565.33
May 2025 1,975.66 1,519.74
June 2025 2,064.57 1,588.13
July 2025 2,024.09 1,556.99
August 2025 2,086.69 1,605.14
September 2025 2,159.72 1,661.32
October 2025 2,215.87 1,704.52
November 2025 2,271.27 1,747.13
December 2025 2,328.05 1,790.81

Sobha Limited’s share price in 2025 is expected to exhibit a consistent upward trend, with projections indicating potential growth. The maximum price is forecasted to reach ₹2,328.05 in December, while the minimum is anticipated around ₹1,498.29 in January.

Sobha Share Price Target 2026

When Maximum Price Minimum Price
January 2026 2,397.89 1,844.53
February 2026 2,459.38 1,891.83
March 2026 2,555.29 1,965.61
April 2026 2,505.19 1,927.07
May 2026 2,432.22 1,870.94
June 2026 2,541.67 1,955.13
July 2026 2,491.84 1,916.80
August 2026 2,568.90 1,976.08
September 2026 2,658.82 2,045.24
October 2026 2,727.95 2,098.42
November 2026 2,796.14 2,150.88
December 2026 2,866.05 2,204.65

Sobha Limited’s share price projections for 2026 indicate a continued upward trend, with the maximum price forecasted to reach ₹2,866.05 in December and the minimum estimated around ₹1,844.53 in January.

Sobha Share Price Target 2027

When Maximum Price Minimum Price
January 2027 2,923.37 2,248.74
February 2027 2,998.33 2,306.40
March 2027 3,115.26 2,396.35
April 2027 3,054.18 2,349.37
May 2027 2,965.22 2,280.94
June 2027 3,098.66 2,383.58
July 2027 3,037.90 2,336.84
August 2027 3,131.85 2,409.12
September 2027 3,241.47 2,493.44
October 2027 3,325.75 2,558.27
November 2027 3,408.89 2,622.22
December 2027 3,494.11 2,687.78

Sobha Limited’s share price targets for 2027 indicate a consistent upward trajectory, with the maximum price projected to reach ₹3,494.11 in December and the minimum estimated around ₹2,248.74 in January, reflecting potential growth throughout the year.

Sobha Share Price Target 2028

When Maximum Price Minimum Price
January 2028 3,563.99 2,741.53
February 2028 3,655.38 2,811.83
March 2028 3,797.94 2,921.49
April 2028 3,723.47 2,864.21
May 2028 3,615.02 2,780.78
June 2028 3,777.69 2,905.92
July 2028 3,703.62 2,848.94
August 2028 3,818.17 2,937.05
September 2028 3,951.80 3,039.85
October 2028 4,054.55 3,118.88
November 2028 4,155.91 3,196.86
December 2028 4,259.81 3,276.78

Sobha Share Price Target 2029

When Maximum Price Minimum Price
January 2029 4,345.01 3,342.31
February 2029 4,456.42 3,428.01
March 2029 4,630.22 3,561.71
April 2029 4,539.43 3,491.87
May 2029 4,407.21 3,390.16
June 2029 4,605.54 3,542.72
July 2029 4,515.23 3,473.26
August 2029 4,654.88 3,580.68
September 2029 4,817.80 3,706.00
October 2029 4,943.06 3,802.36
November 2029 5,066.64 3,897.42
December 2029 5,193.31 3,994.85

Sobha Share Price Target 2030

When Maximum Price Minimum Price
January 2030 5,297.17 4,074.75
February 2030 5,433.00 4,179.23
March 2030 5,644.88 4,342.22
April 2030 5,534.20 4,257.08
May 2030 5,373.01 4,133.08
June 2030 5,614.80 4,319.07
July 2030 5,504.70 4,234.39
August 2030 5,674.95 4,365.35
September 2030 5,873.57 4,518.13
October 2030 6,026.29 4,635.60
November 2030 6,176.94 4,751.49
December 2030 6,331.37 4,870.28

Financial Condition of Sobha Ltd: Last 5 years

2019 2020 2021 2022 2023
Sales 3,442 3,754 2,110 2,561 3,310
Expenses 2,769 2,639 1,435 2,028 2,941
Operating Profit 673 1,115 675 533 370
OPM % 20% 30% 32% 21% 11%
Other Income 73 72 81 84 92
Interest 236 682 601 308 249
Depreciation 62 72 79 72 68
Profit before tax 448 433 75 237 145
Tax % 34% 35% 17% 27% 28%
Net Profit 297 282 62 173 104
EPS (Rs) 31.31 29.70 6.57 18.26 10.99
Dividend Payout % 22% 24% 53% 16% 27%

Over the period from 2019 to 2023, the company’s financial performance witnessed fluctuations. Sales exhibited a fluctuating trend, reaching its peak at 3,754 crores in 2020, followed by a dip to 2,110 crores in 2021, and a subsequent recovery to 3,310 crores in 2023. Operating profit varied, reaching its highest at 1,115 crores in 2020 and experiencing a decline in the following years. The net profit showed a similar pattern, with a notable decrease in 2021. The earnings per share (EPS) demonstrated a similar fluctuation, reflecting the company’s financial dynamics and external influences over the specified period.

Sobha Ltd share price target by Motilal Oswal

Motilal Oswal recommends buying Sobha with a target price of Rs 1400.

FAQS

What is the share price target for Sobha in 2024?

Based on the historical data and future growth prospects, analysts predict that Sobha Ltd’s share price target could range from INR 1,467.86 to INR 1,909.59 by 2024.

What factors could impact the share price of Sobha?

Several factors such as economic conditions, real estate market trends, competition, regulatory changes, and company performance could impact the share price of Sobha.

How has Sobha Ltd’s financial performance been in the last five years?

Sobha Ltd’s financial performance has been inconsistent in the last five years due to various factors. However, it has shown growth in sales, operating profit, and EPS.

Does Sobha Ltd pay dividends to its shareholders?

Yes, Sobha Ltd pays dividends to its shareholders regularly. The dividend payout ratio has ranged from 22% to 53% in the last five years.

Is Sobha Ltd a good company to invest in for long-term gains?

Sobha Ltd is a well-established company in the real estate sector with a good track record. It has the potential to generate long-term gains for investors, but it also comes with market risks.

How can investors stay updated on Sobha Ltd’s performance and stock price?

Investors can stay updated on Sobha Ltd’s performance and stock price by regularly checking financial news portals, company announcements, and stock market data.

Does Sobha Ltd have any significant upcoming projects or expansions?

Sobha Ltd has several ongoing and upcoming projects in India, including residential and commercial properties in major cities.

What is the market sentiment towards Sobha Ltd’s stock?

The market sentiment towards Sobha Ltd’s stock is subject to change and could be influenced by various factors. However, based on current trends, it is generally positive, with analysts forecasting a positive growth trajectory in the coming years.

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Conclusion

In summary, Sobha Ltd. has consistently increased its revenue and profit over the past five years, with an especially noticeable rise in operating profit and other income. The business has maintained a positive net profit despite difficulties with expenses and interest payments. The company’s dividend payment ratio has stayed steady, and its price-to-earnings ratio has significantly improved. Though it is difficult to forecast if the stock will reach 5000 INR by 2025, the company’s solid financial performance and track record of developing high-quality real estate projects make it an attractive investment choice. In conclusion, Sobha Ltd shares are worthwhile for buyers searching for possible long-term gain.

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Author: Neelam KushwahaNeelam Kushwaha is a Bachelor's student in Computer Science at Hansraj College with a keen interest in finance and the stock market. She is a senior editor at Financesrule, where she shares her insights and expertise in researching stock price predictions. Neelam's analytical skills and unique perspectives make her a valuable asset to the financial community. In her free time, she enjoys reading and traveling.

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