Monday 25 July 2016

Indiabulls Housing Finance to consider declaration of interim dividend

The company will announce its Q1 result today.

Indiabulls Housing Finance Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on July 25, 2016, inter alia, to consider and approve the unaudited financial results of the Company for the quarter ended June 30, 2016 and to consider declaration of interim dividend, if any, on the Equity shares of the Company for the financial year 2016-17.

Indiabulls Housing Finance Ltd is currently trading at Rs. 745.75, up by Rs. 10.7 or 1.46% from its previous closing of Rs. 735.05 on the BSE.

The scrip opened at Rs. 737.05 and has touched a high and low of Rs. 757 and Rs. 737.05 respectively. So far 813030(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 30972.92 crore.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 820 on 10-Aug-2015 and a 52 week low of Rs. 551 on 24-Feb-2016. Last one week high and low of the scrip stood at Rs. 738.4 and Rs. 698.9 respectively.

The promoters holding in the company stood at 24.18 % while Institutions and Non-Institutions held 61.25 % and 13.78 % respectively.

The stock is currently trading above its 50 DMA.

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