![Realty stocks on the rise: Sobha rises 16%; Macrotech, Godrej rally](https://images.assettype.com/fortuneindia%2F2022-01%2F5682349c-99ba-40c3-8de3-36799d8eeebf%2FMKT_020A6528_copy.jpg?w=300&q=95)
Realty stocks on the rise: Sobha rises 16%; Macrotech, Godrej rally
Nifty Realty Index surges over 6% and touches fresh all-time high of 834.45
Nifty Realty Index surges over 6% and touches fresh all-time high of 834.45
Company's high IPO price, mixed financial performance, and associated risks likely contributed to the negative response, says expert