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Sobha Ltd's stock down 5% intraday on weak Q4 earnings

Sobha Ltd's stock down 5% intraday on weak Q4 earnings

Fri, May 20, 2016

The company's shares tumbled after its consolidated net profit in the fourth quarter (Q4) ended March 31 declined 41.30% to Rs 36.1 crore as against Rs 61.5 crore in the same period last year, Sobha said in a filing to the BSE on Thursday. 

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