Down 21% in 3 months, but HDFC Securities sees 66% upside in this property stock - check target price, rationale

Saturday, October 10, 2026 - 23:08
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Down 21% in 3 months, but HDFC Securities sees 66% upside in this property stock - check target price, rationale
HDFC Securities maintains a buy rating on Sobha, setting a target price of ₹1,930—over 66% above its October 9 close. Record first-half presales, planned launches across key markets and expected margin improvement underpin the brokerage’s outlook.

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