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Indiabulls Housing Finance Ltd rises for third consecutive session Back
(13:05, 12 Nov 2018)

Indiabulls Housing Finance Ltd gained for a third straight session today. The stock is quoting at Rs 871.1, up 1.04% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.05% on the day, quoting at 10579.6. The Sensex is at 35127.19, down 0.09%. Indiabulls Housing Finance Ltd has slipped around 8.2% in last one month.

Meanwhile, Nifty Financial Services index of which Indiabulls Housing Finance Ltd is a constituent, has slipped around 2.98% in last one month and is currently quoting at 10874.6, down 0.14% on the day. The volume in the stock stood at 27.98 lakh shares today, compared to the daily average of 120.73 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 871.45, up 0.69% on the day. Indiabulls Housing Finance Ltd is down 27.19% in last one year as compared to a 3.47% spurt in NIFTY and a 5.31% spurt in the Nifty Financial Services index.

The PE of the stock is 9.34 based on TTM earnings ending September 18.

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