INSUBCONTINENT EXCLUSIVE:
Shares of Indiabulls Housing Finance were last trading 1.35 per cent higher at Rs 187.40 on the BSEShare price of Indiabulls Housing Finance
gained around two per cent on Wednesday, May 12, a day after the mortgage lender announced its plans to divest its mutual funds business
On Wednesday, Indiabulls Housing Finance opened at Rs 187, witnessing an intra day high of Rs 192.95 and an intra day low of Rs 184.50, in
the trading session so far
According to a regulatory filing by the company to the stock exchanges, Indiabulls Housing Finance plans to divest its mutual fund business
to online investment platform Groww for Rs 175 crore
management bandwidth of the firm
It seeks to consolidate its capital towards the real estate asset management business
Currently, it is the country's second-largest housing finance company and is headquartered in Gurugram, Haryana.On the other hand, online
stocks and mutual funds.On the NSE, Indiabulls Housing Finance opened at Rs 186.50, registering an intra day high of Rs 192.95 and an intra
day low of Rs 184.50, in the session so far
It was last trading 1.35 per cent higher at Rs 187.40 on the NSE.Shares of Indiabulls Housing Finance were last trading 1.35 per cent higher
