Indiabulls Financial Services is currently trading at Rs. 238.00, up by 2.45 points or 1.04% from its previous closing of Rs. 235.55 on the BSE.
The scrip opened at Rs. 236.10 and has touched a high and low of Rs. 238.50 and Rs. 235.30 respectively. So far 14059 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 250.90 on 02-Mar-2012 and a 52 week low of Rs. 116.80 on 23-Nov-2011.
Last one week high and low of the scrip stood at Rs. 244.00 and Rs. 230.10 respectively. The current market cap of the company is Rs. 7417.54 crore.
The promoters holding in the company stood at 37.03% while Institutions and Non-Institutions held 38.14% and 23.79% respectively. Credit rating agency CARE has assigned AA rating to Rs 200 crore perpetual debt programme of Indiabulls Financial Services.
The company has received the said rating on the back of established franchise of the Indiabulls group and large branch network of Indiabulls Financial Services and its wholly owned HFC subsidiary Indiabulls Housing Finance (IBHFL).
Indiabulls Financial Services (IBFSL) is registered with RBI as systematically important non deposit taking NBFC. Currently, IBFSL is mainly engaged in the business of mortgage financing (home loans, loan against property and lease rental discounting), commercial vehicle finance and corporate finance. It has presence at 160 locations throughout 18 states and union territories of India.
