Powered by: Motilal Oswal
19/08/2022 12:12:41 PM | Source: Accord Fintech
Indiabulls Housing Finance trades higher on the BSE
News By Tags | #3021 #1684 #580 #572
Indiabulls Housing Finance trades higher on the BSE

Indiabulls Housing Finance is currently trading at Rs. 134.30, up by 1.20 points or 0.90% from its previous closing of Rs. 133.10 on the BSE.

The scrip opened at Rs. 133.10 and has touched a high and low of Rs. 134.40 and Rs. 131.50 respectively. So far 474645 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 282.60 on 16-Dec-2021 and a 52 week low of Rs. 89.00 on 06-Jul-2022.

Last one week high and low of the scrip stood at Rs. 135.45 and Rs. 122.15 respectively. The current market cap of the company is Rs. 6286.38 crore.

The promoters holding in the company stood at 9.59%, while Institutions and Non-Institutions held 34.87% and 55.55% respectively.

Indiabulls Housing Finance is planning to raise funds through issuance of secured and/or unsecured Non- Convertible Debentures (NCDs)/Bonds, in one or more tranches, on private placement basis. A meeting of the Board constituted Committee of the company is scheduled to be held on August 20, 2022, for considering the same.

Indiabulls Housing Finance is the second largest private housing finance company in India, regulated by the National Housing Bank (NHB).

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here