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Indiabulls Ventures Ltd Spurts Nearly 5%

Capital Market 

Indiabulls Ventures Ltd is quoting at Rs 122.45, up 4.97% on the day as on 12:44 IST on the NSE. The stock is down 70.37% in last one year as compared to a 12.77% gain in NIFTY and a 26.49% gain in the Nifty Financial Services.

Indiabulls Ventures Ltd rose for a fifth straight session today. The stock is quoting at Rs 122.45, up 4.97% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.29% on the day, quoting at 11951.35. The Sensex is at 40415.93, up 0.42%. Indiabulls Ventures Ltd has added around 22.33% in last one month.

Meanwhile, Nifty Financial Services index of which Indiabulls Ventures Ltd is a constituent, has added around 9.12% in last one month and is currently quoting at 13669.4, up 0.5% on the day. The volume in the stock stood at 73368 shares today, compared to the daily average of 15.9 lakh shares in last one month.

The PE of the stock is 49.53 based on TTM earnings ending September 19.

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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, November 06 2019. 13:00 IST
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