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Indiabulls Housing Finance Ltd is up for a third straight session today
16-Apr-18   13:05 Hrs IST

Indiabulls Housing Finance Ltd is up for a third straight session today. The stock is quoting at Rs 1368, up 1.73% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is down around 0.1% on the day, quoting at 10470.6. The Sensex is at 34148.98, down 0.13%. Indiabulls Housing Finance Ltd has gained around 15.17% in last one month.

Meanwhile, Nifty Financial Services index of which Indiabulls Housing Finance Ltd is a constituent, has gained around 4.76% in last one month and is currently quoting at 10569.95, up 0.23% on the day. The volume in the stock stood at 10.76 lakh shares today, compared to the daily average of 15.77 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 1369, up 1.78% on the day. Indiabulls Housing Finance Ltd is up 40.01% in last one year as compared to a 14.57% jump in NIFTY and a 20.31% jump in the Nifty Financial Services index.

The PE of the stock is 16.66 based on TTM earnings ending December 17.

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