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Indiabulls Housing Finance Ltd spurts 1.23%, rises for fifth straight session

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Indiabulls Housing Finance Ltd is quoting at Rs 859.7, up 1.23% on the day as on 12:44 IST on the NSE. The stock is down 29.43% in last one year as compared to a 4.13% jump in NIFTY and a 11.67% jump in the Nifty Financial Services.

Indiabulls Housing Finance Ltd gained for a fifth straight session today. The stock is quoting at Rs 859.7, up 1.23% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.06% on the day, quoting at 10866.75. The Sensex is at 36091.8, up 0.04%. Indiabulls Housing Finance Ltd has gained around 9.79% in last one month.

 

Meanwhile, Nifty Financial Services index of which Indiabulls Housing Finance Ltd is a constituent, has gained around 1.36% in last one month and is currently quoting at 11586.25, down 0.02% on the day. The volume in the stock stood at 37.93 lakh shares today, compared to the daily average of 96.59 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 852.6, up 0.35% on the day. Indiabulls Housing Finance Ltd is down 29.43% in last one year as compared to a 4.13% jump in NIFTY and a 11.67% jump in the Nifty Financial Services index.

The PE of the stock is 9.21 based on TTM earnings ending September 18.

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First Published: Dec 31 2018 | 1:00 PM IST

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