Indiabulls Housing Finance was up 1.72% to Rs 1,403.10 at 9:16 IST on BSE after consolidated net profit jumped 55.4% to Rs 1167.73 crore on 36.7% growth in total income to Rs 4105.66 crore in Q3 December 2017 over Q3 December 2016.
The result was announced after market hours yesterday, 23 January 2018.Meanwhile, the S&P BSE Sensex was down 13.61 points or 0.04% at 36,126.37.
On the BSE, 14,000 shares were traded on the counter so far as against average daily volumes of 3.27 lakh shares in the past one quarter. The stock had hit a high of Rs 1,409.95 so far during the day, which is a record high. The stock hit a low of Rs 1,391.50 so far during the day.
The stock had hit a 52-week low of Rs 741.30 on 24 January 2017.
The large-cap company has equity capital of Rs 85.29 crore. Face value per share is Rs 2.
The company's board declared interim dividend of Rs 14 per share for FY 2018. The record date for dividend payment is 3 February 2018.
The board has also authorised the company to issue secured non-convertible debentures and unsecured non-convertible debentures, in the nature of subordinate debt, upto Rs 25000 crore and Rs 3000 crore respectively, on private placement basis, in one or more tranches, from time to time.
Indiabulls Housing Finance provides home loans in the affordable housing segment.
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