Shares of Indiabulls Real Estate Ltd (IBREL) on Monday climbed 5 per cent after the company reported nearly fourfold jump in consolidated net profit for the second quarter of the current financial year. The company’s scrip gained 4.04 per cent to close at Rs 76 on the BSE. During the day, it zoomed 4.99 per [...]
November 12, 2019
Loknath Das
Real Estate
Indian stocks were trading with mild gains in early noon session amid high volatility on Wednesday, i.e. October 9. At 11:25 am, the S&P BSE Sensex inched up 40.30 points, or 0.1%, to 37,572.28, while the Nifty 50 index was up 15.35 points, or 0.14%, to 11,141.75. Yes Bank, DHFL, Titan, Indiabulls Real Estate,Tata Motors [...]
October 21, 2019
Loknath Das
Real Estate
New Delhi: Bengaluru-based Embassy group has no immediate plans to increase its stake in Indiabulls Real Estate Ltd from the current nearly 14 per cent, the company’s CMD Jitu Virwani said. “There is no plan right now,” Virwani told PTI when asked about the company’s plan to raise stake in Indiabulls Real Estate. The company would remain [...]
October 11, 2019
Loknath Das
Real Estate
NEW DELHI: Realty shares were trading with gains in Tuesday’s morning session. Shares of Indiabulls Real Estate (up 4.50 per cent), SobhaNSE 1.56 % (up 2.17 per cent) and DLFNSE 4.99 % (up 1.52 per cent) were trading higher. Brigade Enterprises (up 0.84 per cent) , Phoenix Mills (up 0.68 per cent) and Oberoi Realty (up 0.61 per cent) [...]
March 5, 2019
Loknath Das
Real Estate
Mumbai: Shares of Indiabulls Real Estate Ltd surged over 100% in the last one month. The stock price started rallying after its board approved restructuring of its leasing and commercial operations into a separate entity. The stock hit a high of Rs163.20, a level last seen on 12 November 2010, and gained as much as [...]
April 24, 2017
Loknath Das
Real Estate
India’s third largest real estate company, Indiabulls Real Estate’s board is planning to do some restructuring in its business. The board of the company considered the possibility of streamlining the company’s existing ‘residential’, ‘commercial’ and ‘leasing’ businesses by segregating the ‘commercial and leasing’ business segment. The company has two options to restructure its business. One [...]
April 17, 2017
Loknath Das
Real Estate
Indiabulls Real Estate Ltd ended at Rs 72.2, up by Rs 4.35 or 6.41% from its previous closing of Rs 67.85 on the BSE after the board will meet on November 24, to consider buyback of equity shares. Stock Commentary: The scrip opened at Rs 64.05 and touched a high and low of Rs 72.4 [...]
November 11, 2016
Saheli
Real Estate
Indiabulls Real Estate said that it has raised Rs 25 crore by issuing non-convertible debentures (NCDs). Last month, the Mumbai-based company had announced that it proposed to raise up to Rs 200 crore through issue of NCDs on a private placement basis. So far, the company has raised Rs 131 crore in three tranches. In a filing to the [...]
July 17, 2016
Saheli
Real Estate