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Indiabulls Housing Finance Ltd soars 1.71%, rises for third straight session

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Capital Market
Last Updated : Dec 27 2018 | 1:16 PM IST

Indiabulls Housing Finance Ltd is quoting at Rs 844.7, up 1.71% on the day as on 12:49 IST on the NSE. The stock is down 29.48% in last one year as compared to a 3.13% gain in NIFTY and a 10.29% gain in the Nifty Financial Services index.

Indiabulls Housing Finance Ltd rose for a third straight session today. The stock is quoting at Rs 844.7, up 1.71% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.71% on the day, quoting at 10805.55. The Sensex is at 35879.5, up 0.64%. Indiabulls Housing Finance Ltd has added around 22% in last one month.

Meanwhile, Nifty Financial Services index of which Indiabulls Housing Finance Ltd is a constituent, has added around 2.57% in last one month and is currently quoting at 11475.6, up 0.31% on the day. The volume in the stock stood at 44.35 lakh shares today, compared to the daily average of 94.62 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 843.95, up 1.42% on the day. Indiabulls Housing Finance Ltd is down 29.48% in last one year as compared to a 3.13% gain in NIFTY and a 10.29% gain in the Nifty Financial Services index.

The PE of the stock is 9.02 based on TTM earnings ending September 18.

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First Published: Dec 27 2018 | 1:05 PM IST

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