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Indiabulls Housing Finance Ltd rose for a third straight session today. The stock is quoting at Rs 99.25, up 2.58% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is down around 3.58% on the day, quoting at 8289.55. The Sensex is at 28349.22, down 3.8%. Indiabulls Housing Finance Ltd has dropped around 65.1% in last one month. Meanwhile, Nifty Financial Services index of which Indiabulls Housing Finance Ltd is a constituent, has dropped around 33.4% in last one month and is currently quoting at 9317.3, down 3.36% on the day. The volume in the stock stood at 169.11 lakh shares today, compared to the daily average of 440.22 lakh shares in last one month. The benchmark April futures contract for the stock is quoting at Rs 99.4, up 2.47% on the day. Indiabulls Housing Finance Ltd is down 88.18% in last one year as compared to a 29.23% fall in NIFTY and a 28.19% fall in the Nifty Financial Services index. The PE of the stock is 1.76 based on TTM earnings ending December 19.
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