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Indiabulls Housing Finance Ltd eases for fifth straight session

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The stock is quoting at Rs 1144.35, down 2.86% on the day as on 13:29 IST on the NSE. Indiabulls Housing Finance Ltd jumped 10.03% in last one year as compared to a 12.62% rally in NIFTY and a 16.71% spurt in the Nifty Financial Services index.

Indiabulls Housing Finance Ltd fell for a fifth straight session today. The stock is quoting at 1144.35, down 2.86% on the day as on 13:29 IST on the NSE. The benchmark NIFTY is down around 0.61% on the day, quoting at 10617.45. The Sensex is at 34928.92, down 0.63%.Indiabulls Housing Finance Ltd has eased around 16.32% in last one month.Meanwhile, Nifty Financial Services index of which Indiabulls Housing Finance Ltd is a constituent, has increased around 2% in last one month and is currently quoting at 10875.75, down 0.78% on the day. The volume in the stock stood at 6.96 lakh shares today, compared to the daily average of 12.57 lakh shares in last one month.

 

The benchmark May futures contract for the stock is quoting at Rs 1149.05, down 2.85% on the day. Indiabulls Housing Finance Ltd jumped 10.03% in last one year as compared to a 12.62% rally in NIFTY and a 16.71% spurt in the Nifty Financial Services index.

The PE of the stock is 14.13 based on TTM earnings ending March 18.

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First Published: May 18 2018 | 1:35 PM IST

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