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Indiabulls Housing Finance Ltd down for fifth straight session

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Indiabulls Housing Finance Ltd is quoting at Rs 208.35, down 0.93% on the day as on 13:19 IST on the NSE. The stock tumbled 71.61% in last one year as compared to a 10.46% rally in NIFTY and a 25.73% spurt in the Nifty Financial Services index.

Indiabulls Housing Finance Ltd is down for a fifth straight session today. The stock is quoting at Rs 208.35, down 0.93% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.05% on the day, quoting at 11889.75. The Sensex is at 40291.07, down 0.16%.Indiabulls Housing Finance Ltd has lost around 4.43% in last one month.Meanwhile, Nifty Financial Services index of which Indiabulls Housing Finance Ltd is a constituent, has increased around 4.85% in last one month and is currently quoting at 14021, down 0.21% on the day. The volume in the stock stood at 325.8 lakh shares today, compared to the daily average of 526.43 lakh shares in last one month.

 

The benchmark November futures contract for the stock is quoting at Rs 205.85, up 2.21% on the day. Indiabulls Housing Finance Ltd tumbled 71.61% in last one year as compared to a 10.46% rally in NIFTY and a 25.73% spurt in the Nifty Financial Services index.

The PE of the stock is 3.08 based on TTM earnings ending September 19.

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First Published: Nov 18 2019 | 1:35 PM IST

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