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Indiabulls Housing Finance Ltd spurts 4.31%

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Capital Market
Last Updated : Jul 25 2018 | 1:16 PM IST

The stock is quoting at Rs 1312.4, up 4.31% on the day as on 12:49 IST on the NSE. Indiabulls Housing Finance Ltd is up 10.36% in last one year as compared to a 11.26% spurt in NIFTY and a 14.11% spurt in the Nifty Financial Services index.

Indiabulls Housing Finance Ltd is up for a third straight session in a row. The stock is quoting at Rs 1312.4, up 4.31% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.13% on the day, quoting at 11148.7. The Sensex is at 36921.79, up 0.26%. Indiabulls Housing Finance Ltd has risen around 10.31% in last one month.

Meanwhile, Nifty Financial Services index of which Indiabulls Housing Finance Ltd is a constituent, has risen around 2.28% in last one month and is currently quoting at 11332.85, up 0.55% on the day. The volume in the stock stood at 22.89 lakh shares today, compared to the daily average of 13.38 lakh shares in last one month.

The benchmark July futures contract for the stock is quoting at Rs 1307.6, up 4.05% on the day. Indiabulls Housing Finance Ltd is up 10.36% in last one year as compared to a 11.26% spurt in NIFTY and a 14.11% spurt in the Nifty Financial Services index.

The PE of the stock is 15.05 based on TTM earnings ending March 18.

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First Published: Jul 25 2018 | 1:05 PM IST

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