Indiabulls Housing soars 30% on heavy volumes, zooms 110% from October lows

Shares of Indiabulls Housing Finance moved higher by 30 per cent to Rs 348 in the intra-day trade on the BSE on Thursday on the back of heavy volumes. The stock of housing finance company zoomed 110 per cent from its low of Rs 166 touched on October 17, 2019. Shares of the comany settled at Rs 334, up 25 per cent. 

The trading volumes on the counter jumped more than three-fold today. A combined 170 million equity shares representing 40 per cent of the total equity of the company changed hands on the counter on the NSE and BSE