Sobha shares fall over 4% amid block deal

Sobha Ltd Shares News: Shares of Sobha Ltd fell 4.5% to Rs 1,779 due to block deal reports, possibly involving Anamudi Real Estate LLP. Despite the drop, the stock has risen 190% over the past year. The company reported an 86% decline in Q4 FY24 profit with net profit at Rs 7.02 crore and income at Rs 791.25 crore.