India Bulls Real Estate Is Picking Up Bargain Hunters

Meanwhile, the BSE Sensex up 62.01 points, or 0.37% to 16,771.61

On BSE, 4.21 lakh shares were traded in the counter compared to an average daily volume of 8.32 lakh shares during the quarter past.

The stock reached a high of Rs 80.95 and a minimum of Rs 78.20 so far during the day. The stock hit a record low of Rs 70.75 August 17, 2011 to a high of Rs 218.50 52 weeks of November 10, 2010.

India Bulls real estate portfolio had lost 11.49% in five trading days prior to the sessions to go to 77.75 rupees on Wednesday September 14 In 2011, the recent high of Rs 87.85 September 7, 2011. Stock market was weaker than the last months to 14 September 2011, falling 5.64% compared to Sensex down 0.77%. Equity markets were weaker in the fourth quarter, sliding 33.18%, while the decline in the Sensex was 8.73%.

Medium-sized real estate company has equity of Rs 80.58 crore. Nominal value per share of RS 2

On a consolidated basis, net income jumped Indiabulls Real Estate 65.99% to Rs 221.1 million rupees on 40.9% increase in net sales of Rs 241.92 million rupees in June 2011 in Q1 Q1 June 2010.


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