Hot Pursuit     08-Nov-19
Indiabulls Housing Finance Ltd in demand
Indiabulls Housing Finance Ltd is quoting at Rs 252.4, up 5.89% on the day as on 12:49 IST on the NSE. The stock is down 70.72% in last one year as compared to a 13.44% jump in NIFTY and a 28.39% jump in the Nifty Financial Services index.

Indiabulls Housing Finance Ltd is up for a third straight session today. The stock is quoting at Rs 252.4, up 5.89% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.04% on the day, quoting at 12007.35. The Sensex is at 40637.96, down 0.04%. Indiabulls Housing Finance Ltd has gained around 5.25% in last one month.

Meanwhile, Nifty Financial Services index of which Indiabulls Housing Finance Ltd is a constituent, has gained around 7.64% in last one month and is currently quoting at 13894.9, up 0.48% on the day. The volume in the stock stood at 530.82 lakh shares today, compared to the daily average of 552.36 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 246, up 7.45% on the day. Indiabulls Housing Finance Ltd is down 70.72% in last one year as compared to a 13.44% jump in NIFTY and a 28.39% jump in the Nifty Financial Services index.

The PE of the stock is 3.5 based on TTM earnings ending September 19.

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