Shares of Indiabulls Housing Finance soared over 6 per cent today after the company reported a rise of 30 per cent in consolidated net profit for the June quarter.
Its stock rose 5.93 per cent to settle at Rs 1,378.30 on the BSE. During the day, it jumped 6.42 per cent to Rs 1,384.75.
On the NSE, shares of the company climbed 6.24 per cent to end at Rs 1,379.60.
In terms of equity volume, 25.18 lakh shares of the company were traded on the BSE and over 54 lakh shares changed hands at the NSE during the day.
Indiabulls Housing Finance has reported a rise of 30 per cent in consolidated net profit at Rs 1,048.68 crore for the quarter ended June.
The company's net profit in the corresponding April-June period of 2017-18 stood at Rs 804.89 crore.
In a regulatory filing yesterday, the company said its total revenue during the quarter increased to Rs 4,071.32 crore from Rs 3,288.24 crore in the year-ago period.
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