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Indiabulls Group stocks under pressure; Indiabulls Housing tanks 14%

Indiabulls Housing Finance's stock has now fallen below its QIP price

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The growth projections ranged from 4-4.7 per cent for FY20 and 0.5 to 3.6 per cent for Q4

SI Reporter Mumbai
Shares of Indiabulls Group companies were under pressure at the bourses on Monday. The group's financial arm, Indiabulls Housing Finance's shares tanked 14 per cent, while realty firm Indiabulls Real Estate was locked in 10 per cent lower circuit on the BSE.

Shares of Indiabulls Integrated Services, too, were frozen at 5 per cent lower circuit at Rs 43.50; while Indiabulls Ventures slipped 3 per cent at Rs 219 on the BSE. In comparison, the S&P BSE Sensex was down 1.7 per cent at 38,193 points at 02:43 pm.

Indiabulls Housing Finance tanked 14 per cent to Rs

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