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Indiabulls Housing Finance Ltd up for third straight session

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Capital Market

Indiabulls Housing Finance Ltd is quoting at Rs 627.25, up 2.49% on the day as on 12:54 IST on the NSE. The stock is down 47.41% in last one year as compared to a 8.98% jump in NIFTY and a 19.79% jump in the Nifty Financial Services index.

Indiabulls Housing Finance Ltd is up for a third straight session today. The stock is quoting at Rs 627.25, up 2.49% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.04% on the day, quoting at 11728.4. The Sensex is at 39189.63, down 0.01%. Indiabulls Housing Finance Ltd has slipped around 20.79% in last one month.

 

Meanwhile, Nifty Financial Services index of which Indiabulls Housing Finance Ltd is a constituent, has slipped around 1.14% in last one month and is currently quoting at 13323.3, up 0.16% on the day. The volume in the stock stood at 126.29 lakh shares today, compared to the daily average of 210.27 lakh shares in last one month.

The benchmark June futures contract for the stock is quoting at Rs 626.8, up 2.27% on the day. Indiabulls Housing Finance Ltd is down 47.41% in last one year as compared to a 8.98% jump in NIFTY and a 19.79% jump in the Nifty Financial Services index.

The PE of the stock is 7.02 based on TTM earnings ending March 19.

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First Published: Jun 24 2019 | 1:05 PM IST

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