Indiabulls Housing Finance Ltd spurts 4.31%

Capital Market 

The stock is quoting at Rs 1312.4, up 4.31% on the day as on 12:49 IST on the NSE. Housing Finance Ltd is up 10.36% in last one year as compared to a 11.26% spurt in and a 14.11% spurt in the Financial Services index.

Housing Finance Ltd is up for a third straight session in a row. The stock is quoting at Rs 1312.4, up 4.31% on the day as on 12:49 IST on the NSE. The benchmark is up around 0.13% on the day, quoting at 11148.7. The Sensex is at 36921.79, up 0.26%. Housing Finance Ltd has risen around 10.31% in last one month.

Meanwhile, index of which is a constituent, has risen around 2.28% in last one month and is currently quoting at 11332.85, up 0.55% on the day. The volume in the stock stood at 22.89 lakh shares today, compared to the daily average of 13.38 lakh shares in last one month.

The benchmark July futures contract for the stock is quoting at Rs 1307.6, up 4.05% on the day. is up 10.36% in last one year as compared to a 11.26% spurt in NIFTY and a 14.11% spurt in the index.

The PE of the stock is 15.05 based on earnings ending March 18.

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First Published: Wed, July 25 2018. 13:05 IST