Shares price of Indiabulls Housing Finance Ltd. gained 2.93% to Rs 231.75 at 02:10 pm(IST) on Friday's trade. The stock hit a high of Rs 232.0 and low of Rs 215.0 so far during the session. The stock had closed at Rs 225.15 in the previous session.

The counter had a total traded volume of 02:10 pm shares so far with a turnover of Rs 71.32 crore on BSE. The stock traded at a price-to-earnings multiple of 3.12 and a price-to-book ratio of 0.58.

A higher price-to-earnings ratio shows investors are willing to pay a higher price per rupee earnings given by the stock because of better future growth expectations.

The price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

Indiabulls Housing Finance Ltd. belongs to the NBFC - Housing industry.  


Shareholding details: 

Promotors held a 22.87% stake in the company and there is no pledge as of 31-March-2020, while FIIs owned 37.42% and DIIs 0.62%.

Key Financials:

The company reported consolidated net sales of Rs 3369.16 crore for the quarter ended 31-Dec-2019, down 1.47% from the previous quarter's Rs 3419.54 crore and down 20.48% from the year-ago quarter's Rs 4236.8 crore.

Its profit for the latest quarter stood at Rs 551.7 crore, down 44.02% from the same quarter a year ago.