Indiabulls Real Estate is currently trading at Rs. 83.45, up by 0.45 points or 0.54% from its previous closing of Rs. 83.00 on the BSE.
The scrip opened at Rs. 83.45 and has touched a high and low of Rs. 84.00 and Rs. 82.05 respectively. So far 152092 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 105.25 on 30-May-2016 and a 52 week low of Rs. 42.25 on 12-Feb-2016.
Last one week high and low of the scrip stood at Rs. 84.00 and Rs. 78.20 respectively. The current market cap of the company is Rs. 4228.11 crore.
The promoters holding in the company stood at 47.55%, while institutions and non-institutions held 20.76% and 31.69% respectively.
Indiabulls Real Estate’s subsidiary firm has received Rs 701 crore refund from the Delhi Development Authority (DDA) following a judgement from the Supreme Court of India. The company has returned the land, located in South Delhi, to DDA, which was allotted to it for development of housing project. The land parcel was located at Village Tehkhand, Maa Anand Mai Marg in the national capital. The project could not take off in absence of environmental clearance.
Indiabulls Real Estate is engaged in real estate development, directly as well as through various subsidiaries and associate companies. The main focus of the company is construction and development of properties, project management, investment advisory and construction services.
| Company Name | CMP |
|---|---|
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| Dilip Buildcon | 450.15 |
| DLF | 595.85 |
| Oberoi Realty | 1695.70 |
| Ahluwalia Contract(I | 833.35 |
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