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Indiabulls Housing Finance Ltd slips for fifth straight session

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Indiabulls Housing Finance Ltd is quoting at Rs 305.55, down 0.28% on the day as on 13:19 IST on the NSE. The stock tumbled 53.05% in last one year as compared to a 8.33% rally in NIFTY and a 22.35% 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 305.55, down 0.28% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1.17% on the day, quoting at 11821.6. The Sensex is at 40329.6, down 0.97%.Indiabulls Housing Finance Ltd has lost around 6.03% in last one month.Meanwhile, Nifty Financial Services index of which Indiabulls Housing Finance Ltd is a constituent, has eased around 4.33% in last one month and is currently quoting at 14316.9, down 1.79% on the day. The volume in the stock stood at 110.66 lakh shares today, compared to the daily average of 220.92 lakh shares in last one month.

 

The benchmark February futures contract for the stock is quoting at Rs 283, down 5.32% on the day. Indiabulls Housing Finance Ltd tumbled 53.05% in last one year as compared to a 8.33% rally in NIFTY and a 22.35% spurt in the Nifty Financial Services index.

The PE of the stock is 4.49 based on TTM earnings ending September 19.

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First Published: Feb 01 2020 | 1:35 PM IST

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