Indiabulls Ventures Ltd up for third straight session

Indiabulls Ventures Ltd is quoting at Rs 183.3, up 13.18% on the day as on 12:49 IST on the NSE. The stock is down 74.9% in last one year as compared to a 3.28% jump in NIFTY and a 10.8% jump in the Nifty Financial Services index.

Sep 16, 2019 07:09 IST capital market

Indiabulls Ventures Ltd is up for a third straight session today. The stock is quoting at Rs 183.3, up 13.18% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.64% on the day, quoting at 11004.85. The Sensex is at 37143.09, down 0.65%. Indiabulls Ventures Ltd has slipped around 10.72% in last one month.

Meanwhile, Nifty Financial Services index of which Indiabulls Ventures Ltd is a constituent, has slipped around 0.77% in last one month and is currently quoting at 12513, down 0.61% on the day. The volume in the stock stood at 27.42 lakh shares today, compared to the daily average of 17.43 lakh shares in last one month.

The PE of the stock is 71.62 based on TTM earnings ending June 19.

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