Tuesday, March 04, 2025 | 07:19 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Indiabulls Real Estate gains after announcing robust Q4 results

Image

Capital Market

Indiabulls Real Estate rose 2.8% to Rs 59.75 at 12:20 IST on BSE after consolidated net profit jumped 123.48% to Rs 93.13 crore on 84.49% rise in total income to Rs 630.70 crore in Q4 March 2015 over Q4 March 2014.

The company announced results after market hours yesterday, 21 May 2015.

Meanwhile, the S&P BSE Sensex was up 214.96 points or 0.77% at 28,024.31.

On BSE, so far 6.25 lakh shares were traded in the counter as against average daily volume of 9.92 lakh shares in the past one quarter.

The stock hit a high of Rs 61.85 and low of Rs 59.55 so far during the day. The stock had hit a 52-week high of Rs 109.45 on 4 June 2014. The stock had hit a 52-week low of Rs 52.25 on 20 April 2015.

 

The stock had underperformed the market over the past one month till 21 May 2015, declining 4.83% compared with Sensex's 0.48% rise. The scrip had also underperformed the market in past one quarter, dropping 31.04% as against Sensex's 4.86% fall.

The mid-cap real estate company has equity capital of Rs 85 crore. Face value per share is Rs 2.

Powered by Capital Market - Live News

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: May 22 2015 | 12:08 PM IST

Explore News