Indiabulls Housing Finance Ltd gains for third straight session

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Capital Market
Last Updated : Jul 18 2018 | 1:31 PM IST

The stock is quoting at Rs 1200.35, up 4.14% on the day as on 12:49 IST on the NSE. Indiabulls Housing Finance Ltd is up 4.41% in last one year as compared to a 11% spurt in NIFTY and a 15.13% spurt in the Nifty Financial Services index.

Indiabulls Housing Finance Ltd gained for a third straight session today. The stock is quoting at Rs 1200.35, up 4.14% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.18% on the day, quoting at 10988.45. The Sensex is at 36445.05, down 0.21%. Indiabulls Housing Finance Ltd has risen around 1.5% in last one month.

Meanwhile, Nifty Financial Services index of which Indiabulls Housing Finance Ltd is a constituent, has risen around 3.5% in last one month and is currently quoting at 11285.3, up 0.24% on the day. The volume in the stock stood at 19.18 lakh shares today, compared to the daily average of 11.42 lakh shares in last one month.

The benchmark July futures contract for the stock is quoting at Rs 1197.25, up 3.44% on the day. Indiabulls Housing Finance Ltd is up 4.41% in last one year as compared to a 11% spurt in NIFTY and a 15.13% spurt in the Nifty Financial Services index.

The PE of the stock is 13.79 based on TTM earnings ending March 18.

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First Published: Jul 18 2018 | 1:05 PM IST

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