Indiabulls Housing Finance shares zoom 9%; here’s why
The company has also recommended a final dividend of ₹1.25 per equity share translating to 62.5% on face value of ₹2 each for the financial year ended March 31, 2023
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Indiabulls Housing Finance's ₹900 cr NCD issue opens today; stock rises 2%
The debt issue has a base size of only ₹100 crore with a greenshoe option for an additional ₹800 crore.
ICICI Bank, BoI, Indiabulls Housing Finance shares rise up to 9%; here’s why
ICICI Bank riases MCLR by 15 bps across tenors; Bank of India by up to 10 bps; and Indiabulls Housing Finance by 25 bps.
Gap-down opening seen for Sensex, Nifty; Indiabulls Housing Finance, ICICI Bank, Union Bank in focus
Indian benchmark indices, Sensex and Nifty, are slated to open lower on Friday, following weak cues from Asian peers and a negative finish at Wall Street in overnight trade.
Indiabulls puts on brave face after RBI merger snub
Lakshmi Vilas Bank future uncertain, analysts expect Indiabulls to remain under pressure.
Bears maul Indiabulls on D-Street
Uncertainty over its merger with Lakshmi Vilas Bank and allegations of impropriety against promoters saw Indiabulls Housing Finance stock tank big time.
Volatility rules the market
The Sensex closes up 66.40 points at 39,112.74, while Nifty 50 ends nearly flat at 11691.45, after volatile trading session.
What’s next for NBFCs after the music has stopped?
There is growing consensus that the current NBFC model has run its course. Will allowing some of them to become banks help?
More than just liquidity infusion required
The RBI finally opens the financing tap to calm an increasingly volatile stock market, but that alone is unlikely to gain the confidence of the investors in the long-run.
