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Indiabulls Housing Finance Ltd gains for third consecutive session

Capital Market 

The stock is quoting at Rs 969, up 2.4% on the day as on 12:49 IST on the NSE. Housing Finance Ltd is down 23.12% in last one year as compared to a 4.6% spurt in and a 5.78% spurt in the Financial Services index.

Housing Finance Ltd gained for a third straight session today. The stock is quoting at Rs 969, up 2.4% on the day as on 12:49 IST on the NSE. The benchmark is up around 1.39% on the day, quoting at 10444.6. The Sensex is at 34712.52, up 1.2%. Housing Finance Ltd has slipped around 14.27% in last one month.

Meanwhile, index of which is a constituent, has slipped around 5.84% in last one month and is currently quoting at 10212.45, up 3.14% on the day. The volume in the stock stood at 41.71 lakh shares today, compared to the daily average of 85.22 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 972.2, up 3.21% on the day. is down 23.12% in last one year as compared to a 4.6% spurt in NIFTY and a 5.78% spurt in the index.

The PE of the stock is 10.6 based on earnings ending June 18.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, October 10 2018. 13:05 IST
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