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Indiabulls Housing Finance up 3% after Q1 nos; other group stocks gain too

For the quarter under review, Indiabulls Housing Finance reported a 65.9 per cent fall in its consolidated net profit at Rs 272.84 crore

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Earlier this month, the company named S S Mundra, former deputy governor of Reserve Bank of India as the non-executive chairman.

SI Reporter New Delhi

2 min read Last Updated : Aug 24 2020 | 10:48 AM IST

Shares of Indiabulls Housing Finance gained over 3 per cent on Monday after the company declared its financial results for the quarter ended June 2020 (Q1FY21).

At 10:24 AM, the stock was trading nearly 1.5 per cent higher at Rs 206.10 on the BSE. It hit a high of Rs 209.75 in the early trade. In comparison, the S&P BSE Sensex was trading over 0.5 per cent higher at 38,636.55 levels.

For the quarter under review, Indiabulls Housing Finance reported a 65.9 per cent fall in its consolidated net profit at Rs 272.84 crore against Rs 801.53 crore profit in June 2019 quarter.

Total revenue

Topics : Indiabulls Housing Finance Indiabulls Real Estate Indiabulls Ventures Buzzing stocks BSE Sensex Markets

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