Sobha, Vakrangee, Reliance Power among top gainers on BSE during Thursday's session

Sobha Limited is a leading real estate company in India that operates across various segments such as residential, commercial, and hospitality. The company has been listed on the Bombay Stock Exchange (BSE) since 1994 and has consistently delivered strong financial performance over the years.

On Thursday, Sobha was among the top gainers on the BSE, with its stock price rising by more than 19.9% to Rs 1338.95. This was a significant increase from its previous closing price of Rs 1097.40. The company's gains were driven by strong demand for residential properties in key markets such as Bengaluru and Mumbai, where Sobha has a significant presence.

The real estate sector in India has been experiencing a surge in demand due to the government's initiatives to promote affordable housing and improve infrastructure. This has led to increased investment in the sector, with many companies reporting strong financial performance in recent quarters.

In addition to Sobha, other top gainers on the BSE during Thursday's session included Vakrangee Limited and Reliance Power. Vakrangee is a leading provider of kiosks and ATMs in India, while Reliance Power is a major player in the power generation and distribution sector. Both companies have reported strong financial performance in recent quarters and are well-positioned to benefit from the government's initiatives to promote economic growth and development.