Indiabulls Housing Finance rose 0.59% to Rs 570 at 14:29 IST on BSE after consolidated net profit rose 21% to Rs 478.10 crore on 18.8% growth in total revenue to Rs 1871.20 crore in Q3 December 2014 over Q3 December 2013.
The Q3 result was announced during market hours today, 19 January 2015.
Meanwhile, the S&P BSE Sensex was up 176.31 points or 0.63% at 28,298.25.
On BSE, so far 2.54 lakh shares were traded in the counter as against average daily volume of 1.49 lakh shares in the past one quarter.
The stock was volatile. The stock rose as much as 2.33% at the day's high of Rs 579.90 so far during the day, which is a record high for the counter. The stock lost as much as 0.82% at the day's low of Rs 562 so far during the day. The stock had hit a 52-week low of Rs 188 on 17 February 2014.
The stock had outperformed the market over the past one month till 16 January 2015, advancing 34.45% compared with Sensex's 5.01% rise. The scrip had also outperformed the market in past one quarter, surging 43.2% as against Sensex's 8.16% rise.
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The large-cap company has equity capital of Rs 71.09 crore. Face value per share is Re 2.
Indiabulls Housing Finance (IBHFL) had cash, cash equivalents and investments in liquid debt instruments of Rs 7813 crore as at 31 December 2014.
IBHFL's board of directors at its meeting held today, 19 January 2015, declared a third interim dividend of Rs 9 per share for the year ending 31 March 2015.
Indiabulls Housing Finance is a housing finance company. The company also provides other loans, such as loan against residential properties for home improvement and to small businesses, commercial vehicle loans, and corporate loans for housing projects.
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