Indiabulls Real Estate is currently trading at Rs. 78.00, up by 2.45 points or 3.24% from its previous closing of Rs. 75.55 on the BSE.
The scrip opened at Rs. 74.65 and has touched a high and low of Rs. 78.45 and Rs. 74.45 respectively. So far 757914 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 109.45 on 04-Jun-2014 and a 52 week low of Rs. 45.10 on 26-Feb-2014.
Last one week high and low of the scrip stood at Rs. 78.45 and Rs. 68.50 respectively. The current market cap of the company is Rs. 3308.45 crore.
The promoters holding in the company stood at 37.73% while Institutions and Non-Institutions held 23.29% and 38.86% respectively.
Morgan Stanley Asia Singapore PTE has bought 27.14 lakh shares of Indiabulls Real Estate through the open market route. The shares were purchased on an average price of Rs 73.00 valuing the transaction to Rs 19.82 crore.
Indiabulls Real Estate is engaged in real estate development, directly as well as through various subsidiaries and associate companies. The main focus of IBREL is construction and development of properties, project management, investment advisory and construction services.