INDIABULLS HOU. FIN. Plunges by 5%; BSE 500 Index Down 1.4%
March 4, 2020 01:18 PM

INDIABULLS HOU. FIN. share price has plunged 5% and is presently trading at Rs 298.

Meanwhile, the BSE 500 Index is at 14,842 (down 1.4%).

Among the top losers in the BSE 500 Index today are INDIABULLS HOU. FIN. (down 5.5%) and EICHER MOTOR (down 5.1%).

ORIENTAL BANK (up 12.3%) and ECLERX SERVICES (up 8.3%) are among the top gainers today.

Over the last one year, INDIABULLS HOU. FIN. has moved down from Rs 739 to Rs 298, registering a loss of Rs 442 (down 59.8%)..

The BSE 500 has moved up from 14,533 to 14,842, registering a gain of 309 points (up 2.1%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 321.7%), GUJARAT GAS (up 131.3%) and DEEPAK NITRITE (up 114.6%).

What About the Benchmark Indices?

The BSE Sensex is at 38,792 (down 1.3%). The top gainers among the BSE Sensex stocks today are SUN PHARMA (up 2.9%). The most traded stocks in the BSE Sensex are SUN PHARMA and INFOSYS.

In the meantime, NSE Nifty is at 11,357 (down 1.2%). CIPLA (up 3.2%) and SUN PHARMA (up 2.7%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 36,443 to 38,792, registering a gain of 2,349 points (up 4.7%).

INDIABULLS HOU. FIN. Financial Update...

INDIABULLS HOU. FIN. net profit down at Rs 7 billion for the quarter ended September 2019, compared to a loss of Rs 10 billion a year ago. Net Sales declined 19.3% to Rs 34.2 billion during the period as against Rs 42.4 billion in July-September 2018.

For the year ended March 2018, INDIABULLS HOU. FIN. reported 31.5% increase in net profit to Rs 38.3 billion compared to net profit of Rs 29.1 billion during FY17.

Revenue of the company grew 25.6% to Rs 131 billion during FY18.

The current Price to earnings ratio of INDIABULLS HOU. FIN., based on rolling 12 month earnings, stands at 3.4x.