IHFL's balance sheet and AUM have stabilised and the base has been formed for 10% YoY growth in loans this financial year
Impairments on financial instruments double YoY; income from operations almost flat at Rs 2,229.7 cr
The Issue will open for subscription on Monday, September 5 and closes on September 22
Indiabulls Housing Finance Ltd has reported 1.8 per cent year-on-year rise in its net profit to Rs 287 crore in first quarter of the current financial year
Among the beaten down mid- and small-cap stocks, Paytm and Zomato can provide some relief to investors, while stocks like Metropolis Healthcare and Latent View Analytics could see further pain
Income from operations fell to Rs 2,189 cr in Q4FY22 from Rs 2,372 cr in Q4FY21. Amount set aside for impairment on financial instruments declined to Rs 92 cr from Rs 316 cr
The Moody's affirmation is driven by Indiabulls' strong capital, comfortable liquidity, declining profitability and weak asset quality
Earlier in February, the ED had conducted raids in Delhi and Mumbai at the premises of Indiabulls and its promoters. The ED had also written to the National Stock Exchange (NSE) in this connection
The Bombay High Court on Wednesday quashed a case of cheating and criminal breach of trust registered against Indiabulls Housing Finance Limited (IHFL).
On September 28, 2021, upon conversion of FCCBs, it had allotted bonds for an aggregate $165,000,000 (4.50 per cent)
The stock was down almost 23 per cent from Thursday intraday high; while the stock took place at an average price of Rs 264 per share
The broader markets however finished in red, the breadth too was negative
A combined 47.34 million equity shares, representing 10.23 per cent total equity of Indiabulls Housing Finance changed hands on the NSE and BSE as of 09:27 AM
The comapny disbursed retail loans of Rs 325 crore in the month of September 2021 through its co-lending tie-ups
CESC, HCC, NDTV, PEL, PFC, Railtel, Bajaj Hindusthan, CESC, Godrej Consumer, Hindustan Oil, Indiabulls Housing Finance, Natco Pharma, Novartis, PNB Gilts and Sundaram Fasteners to announce Q2 results
On Tuesday, the company announced successful raising of Rs 807.83 crore by way of issuance of Non-Convertible Debentures
Dilip Buildcon's subsidiary Bangalore Malur Highways has received the financial closure from the National Highways Authority of India.
Indiabulls Housing is seeking to raise as much as 10 billion rupees through the sale of notes that open for subscription on Monday
Yes Bank and Indiabulls Housing Finance have come forward for a strategic co-lending tie-up to source and service home loans
Signs of a strong corporate earnings season lifted demand for risky equities