Indiabulls Housing Fin soars 8% on heavy volume; up 10% so far this week

About 4.8 million shares have changed hands on the BSE, which was 430 per cent higher than the average shares changing hands on the counter on the exchange in the past one week

Shares of Indiabulls Housing Finance surged 8 per cent in the intra-day trade, to quote at Rs 223 apiece, on the BSE on Wednesday on the back of heavy volume. At 12:25 pm, the stock was ruling 6.7 per cent higher at Rs 220.3 on the BSE, as against 0.03 per cent dip in the benchmark S&P BSE Sensex. A combined 46.31 million shares had changed hands on the counter on the NSE and BSE till the time of writing of this report. Of this, 4.8 million shares had changed hands on the BSE, which was 430 per cent higher