New Delhi, Sept. 23 -- Shares of Sobha Limited recovered from day's low during Wednesday's intraday trading session, after rallying over the past few trading sessions. The Bengaluru-headquartered real-estate developer is set to see a strong year and surpass pre-sales of Rs.100 billion in the financial year 2026-27E, according to Emkay Global Financial Services which sees 56% upside in the realty stock.

The real estate stock was trading marginally higher during Wednesday's intraday trading session after hitting an intraday low of Rs.1,223.35 per share today. THe stock has surged close to 4.36% over the past five trading sessions.

The company's margin is expected to improve from the third quarter of FY27, driven by strong launch pipeline,...