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4 months ago
BUZZ-Indiabulls Housing Finance hits record high as Q4 profit rises
April 25, 2017 / 4:15 AM / 4 months ago

BUZZ-Indiabulls Housing Finance hits record high as Q4 profit rises

** Shares of Indiabulls Housing Finance Ltd gain as much as 3.34 pct to a record high

** March-quarter consolidated profit rises about 24 pct to 8.41 bln rupees ($130.42 mln), according to an exchange filing on Monday

** Declares interim dividend of 9 rupees per share

** Company's performance on loan growth and mix change has exceeded expectations in past 18 months, Nomura analysts write

** Stock up 54.7 pct this year up to Monday's close

$1 = 64.4850 Indian rupees

0 : 0
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