SOBHA is the top idea for CY24. Co has vast land reserves which provides growth visibility. Project launches in Bengaluru & Tamil Nadu will drive re-rating. Co trades at 6.5x FY25E EV/EBITDA which is 25-40% discount to midcap peers PEPL, BRGD, MLDL,Sunteck
SOBHA is the top idea for CY24.
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