Indiabulls Real Estate shares are trading higher than the 5 day, 20 day, 50 day, 100 day, 200 day moving averages.
Indiabulls Real Estate shares fell 10.48 per cent to hit a low of Rs 105.45. Despite this, the stock is up 21.62 per cent in 2024 so far.
Indiabulls Real Estate stock slipped 2.09% to Rs 83.75 against the previous close of Rs 85.54 on BSE.
IRFC shares fell 2.13 per cent to Rs 32.30 on NSE amid high volumes. A total of 5,29,12,040 IRFC shares changed hands on the counter worth Rs 170.74 crore.
Stocks in focus today: The sustained support from FIIs is guarding the domestic market against a steep correction. Raymond, Zomato, Mahanagar Gas, Birlasoft among stocks to watch on Wednesday, May 10, 2023.
Indiabulls Real Estate said it strongly believes that the objections and concerns were unfounded, unjustified and do not impact the merger in a significant manner and had accordingly addressed the same before the NCLT.
Indiabulls Real Estate stock crashed to a fresh 52-week low of Rs 53.75, down 10.94% against the previous close of Rs 60.35 on BSE. The share has lost 15% in the last two sessions.
Rakesh Jhunjhunwala-owned Rare Enterprises bought 50 lakh shares or 1.1% stake in the company via open market transaction
These companies cut across sectors and include Vakrangee, PC Jeweller, Arvind, Rain Industries and Indiabulls Real Estate, among others. Most may never go back to their past highs
The buyback price is more than double today's closing price of Rs 43.40 on BSE. The stock has lost 52.75% during last one year and 50.23% since the beginning of this year.
IndiaBulls Real Estate share price opened 5% higher at 43.10 compared to the previous close of Rs 41.05 on BSE.