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Indiabulls Housing Finance Ltd rises for third straight session

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Capital Market
Last Updated : Oct 24 2018 | 1:16 PM IST

The stock is quoting at Rs 742.45, up 1.06% on the day as on 12:49 IST on the NSE. Indiabulls Housing Finance Ltd is down 41.85% in last one year as compared to a 0.94% slide in NIFTY and a 2.87% slide in the Nifty Financial Services index.

Indiabulls Housing Finance Ltd is up for a third straight session today. The stock is quoting at Rs 742.45, up 1.06% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.51% on the day, quoting at 10198.95. The Sensex is at 33992.28, up 0.43%. Indiabulls Housing Finance Ltd has slipped around 20.14% in last one month.

Meanwhile, Nifty Financial Services index of which Indiabulls Housing Finance Ltd is a constituent, has slipped around 2.33% in last one month and is currently quoting at 10321.7, up 1.11% on the day. The volume in the stock stood at 85.32 lakh shares today, compared to the daily average of 133.55 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 741.95, up 2.27% on the day. Indiabulls Housing Finance Ltd is down 41.85% in last one year as compared to a 0.94% slide in NIFTY and a 2.87% slide in the Nifty Financial Services index.

The PE of the stock is 7.97 based on TTM earnings ending September 18.

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First Published: Oct 24 2018 | 1:05 PM IST

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