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Shares of Indiabulls Housing Finance gained over 3 per cent on Monday after the company declared its financial results for the quarter ended June 2020 (Q1FY21).
At 10:24 AM, the stock was trading nearly 1.5 per cent higher at Rs 206.10 on the BSE. It hit a high of Rs 209.75 in the early trade. In comparison, the S&P BSE Sensex was trading over 0.5 per cent higher at 38,636.55 levels.
For the quarter under review, Indiabulls Housing Finance reported a 65.9 per cent fall in its consolidated net profit at Rs 272.84 crore against Rs 801.53 crore profit in June 2019 quarter.
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