Indiabulls Housing Finance shines despite reporting 32% fall in Q2 consolidated net profit

07 Nov 2019 Evaluate

Indiabulls Housing Finance is currently trading at Rs. 235.90, up by 16.65 points or 7.59% from its previous closing of Rs. 219.25 on the BSE.

The scrip opened at Rs. 230.00 and has touched a high and low of Rs. 255.90 and Rs. 228.00 respectively. So far 4467785 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 919.00 on 05-Apr-2019 and a 52 week low of Rs. 165.95 on 17-Oct-2019.

Last one week high and low of the scrip stood at Rs. 255.90 and Rs. 207.65 respectively. The current market cap of the company is Rs. 10199.78 crore.

The promoters holding in the company stood at 21.67%, while Institutions and Non-Institutions held 66.20% and 12.13% respectively.

Indiabulls Housing Finance has reported a fall of 45.34% in its net profit at Rs 510.09 crore for the quarter ended September 30, 2019 as compared to Rs 933.26 crore for the same quarter in the previous year. Total income of the company decreased by 25.02% at Rs 2,910.53 crore for Q2FY20 as compared Rs 3,881.80 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 32.15% in its net profit at Rs 702.18 crore for the quarter under review as compared to Rs 1,034.92 crore for the same quarter in the previous year. Total income of the company decreased by 19.62% at Rs 3,420.45 crore for Q2FY20 as compared Rs 4,255.27 crore for the corresponding quarter previous year.

Sammaan Capital Share Price

149.90 0.40 (0.27%)
24-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
LIC Housing Finance 584.90
Housing & Urban Dev. 232.35
Bajaj Housing Financ 126.95
Sammaan Capital 149.90
PNB Housing Finance 846.65
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.