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Indiabulls Ventures Ltd sheds more than 4%

Capital Market 

Indiabulls Ventures Ltd is quoting at Rs 302, down 4.22% on the day as on 13:19 IST on the NSE. The stock jumped 1.49% in last one year as compared to a 4.96% rally in NIFTY and a 10.48% fall in the Nifty Financial Services index.

Indiabulls Ventures Ltd dropped for a fifth straight session today. The stock is quoting at 302, down 4.22% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.86% on the day, quoting at 10974. The Sensex is at 36674.02, down 0.8%.Indiabulls Ventures Ltd has eased around 21.96% in last one month.Meanwhile, Nifty Financial Services index of which Indiabulls Ventures Ltd is a constituent, has eased around 1.51% in last one month and is currently quoting at 11606.5, down 0.37% on the day. The volume in the stock stood at 3.73 lakh shares today, compared to the daily average of 6.74 lakh shares in last one month.

The PE of the stock is 220.49 based on TTM earnings ending December 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: Fri, February 08 2019. 13:35 IST