Mahalaxmi Cresec picks 23 lakh shares of Indiabulls Real Estate

19 Jul 2013

Mahalaxmi Cresec has purchased 23,00,000 shares of Indiabulls Real Estate in an open market transaction. The shares were purchased at Rs 70.67 on National Stock Exchange (NSE) on July 18, 2013.

The company’s promoters have recently acquired 23.20 lakh shares in the company between 1-3 July. As of March 31, 2013, the promoters holding in the company stood at 44.38%, while institutions and non-institutions held 32.22% and 23.24% stake in the company, respectively.

Indiabulls Real Estate is country’s third largest property company. It has various development projects in the residential, commercial, hotels, malls, and Special Economic Zone (SEZ) segments. The company’s projects portfolio includes high-end office and commercial spaces, premium residential developments, integrated townships, luxury resorts and SEZs.

Related Indiabulls Real Estate Ltd. Links:

Indiabulls Real Est. Share Price

99.95 -0.85 (-0.84%) Jan 21, 17:59
1 Year Price Chart
Peers
Company Name CMP
Dilip Buildcon 415.70
NBCC (India) 37.05
Sobha 443.25
DLF 257.05
JMC Projects (India) 101.65
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Sensex vs Indiabulls Real Est.
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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