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Indiabulls Housing Finance Ltd spurts 2.36%, rises for third straight session

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Indiabulls Housing Finance Ltd is quoting at Rs 314.1, up 2.36% on the day as on 12:49 IST on the NSE. The stock is down 62.82% in last one year as compared to a 11.98% gain in NIFTY and a 24.73% gain in the Nifty Financial Services index.

Indiabulls Housing Finance Ltd rose for a third straight session today. The stock is quoting at Rs 314.1, up 2.36% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.32% on the day, quoting at 12217.2. The Sensex is at 41419.64, down 0.33%. Indiabulls Housing Finance Ltd has added around 3.27% in last one month.

 

Meanwhile, Nifty Financial Services index of which Indiabulls Housing Finance Ltd is a constituent, has added around 3.06% in last one month and is currently quoting at 14650.6, down 0.37% on the day. The volume in the stock stood at 203.36 lakh shares today, compared to the daily average of 436.66 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 311.8, up 3.54% on the day. Indiabulls Housing Finance Ltd is down 62.82% in last one year as compared to a 11.98% gain in NIFTY and a 24.73% gain in the Nifty Financial Services index.

The PE of the stock is 4.5 based on TTM earnings ending September 19.

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First Published: Dec 31 2019 | 1:05 PM IST

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