INDIABULLS HOU. FIN. Plunges by 5%; BSE 500 Index Down 0.8%
May 22, 2020 03:21 PM

INDIABULLS HOU. FIN. share price has plunged 5% and is presently trading at Rs 124.

Meanwhile, the BSE 500 Index is at 11,905 (down 0.8%).

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

TVS SRICHAKRA (up 20.0%) and ZEE ENTERTAINMENT (up 6.0%) are among the top gainers today.

Over the last one year, INDIABULLS HOU. FIN. has moved down from Rs 808 to Rs 124, registering a loss of Rs 685 (down 84.7%)..

The BSE 500 has moved down from 15,157 to 11,905, loss of 3,252 points (down 21.5%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 453.4%), NAVIN FLUORINE (up 115.5%) and ABBOTT INDIA (up 113.6%).

What About the Benchmark Indices?

The BSE Sensex is at 31,108 (down 0.9%). The top gainers among the BSE Sensex stocks today are M&M (up 4.6%). The most traded stocks in the BSE Sensex are M&M and TECH MAHINDRA.

In the meantime, NSE Nifty is at 9,150 (down 0.5%). ZEE ENTERTAINMENT (up 6.0%) and M&M (up 5.0%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 38,970 to 31,108, registering a loss of 7,862 points (down 21.35%).

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 1.4x.