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Indiabulls Housing Finance Ltd soars 7.15%, rises for third straight session

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Capital Market
Last Updated : Dec 03 2018 | 1:16 PM IST

The stock is quoting at Rs 766.75, up 7.15% on the day as on 12:49 IST on the NSE. Indiabulls Housing Finance Ltd is down 34.77% in last one year as compared to a 7.2% gain in NIFTY and a 11.39% gain in the Nifty Financial Services index.

Indiabulls Housing Finance Ltd rose for a third straight session today. The stock is quoting at Rs 766.75, up 7.15% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.18% on the day, quoting at 10857.35. The Sensex is at 36128.34, down 0.18%. Indiabulls Housing Finance Ltd has dropped around 8.07% in last one month.

Meanwhile, Nifty Financial Services index of which Indiabulls Housing Finance Ltd is a constituent, has dropped around 5.24% in last one month and is currently quoting at 11438.8, down 0.27% on the day. The volume in the stock stood at 68.19 lakh shares today, compared to the daily average of 67.6 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 766.8, up 6.86% on the day. Indiabulls Housing Finance Ltd is down 34.77% in last one year as compared to a 7.2% gain in NIFTY and a 11.39% gain in the Nifty Financial Services index.

The PE of the stock is 7.75 based on TTM earnings ending September 18.

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First Published: Dec 03 2018 | 1:05 PM IST

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