Indiabulls Housing Finance also officially changed its name on Wednesday to Sammaan Capital.

Indiabulls Real Estate To Be Renamed As Equinox India Developments

Rashtriya Chemicals & Fertilizers Ltd, National Fertilizer Ltd, Best Agrolife Ltd and Indiabulls Real Estate Ltd are among the other gainers in the BSE’s ‘A’ group today, 20 June 2024.

C.E. Info Systems Ltd leads gainers in ‘A’ group

Global investment firm Blackstone will invest Rs 1,235 crore, while the Bengaluru-based Embassy Group will infuse Rs 1,160 crore.

Indiabulls Real Estate to raise Rs 3,911 crore through issuance of shares, warrants to investors

The company said that it believes this order to be unlawful and is evaluating legal options to defend itself.

Indiabulls Real Estate Shares Slip 10% On Getting Order To Vacate Nashik SEZ Plot

In terms of volumes, the company’s sale bookings fell to 82,000 square feet during April-June period of this fiscal.

Indiabulls Real Estate Q1 Results: Sale Bookings Down 75%

Its sale bookings stood at Rs 297 crore in the year-ago period, according to an investor presentation.

Indiabulls Real Estate Q1 sale bookings down 75% to Rs 74 crore

Indiabulls Real Estate reported a 29.2 percent YoY growth in revenue at Rs 195.8 crore

Indiabulls Real Estate falls as quarterly net loss widens to Rs 679.5 crore

Virwani said Embassy has “substantively and meticulously” addressed all the observations made by the income tax department and the National Company Law Tribunal (NCLT), which, through a recent order, withheld the merger of Indiabulls Real Estate with some of Embassy Group entities.

Embassy Group plans to sell assets to cut debt by a third: Group chairman Jitu Virwani

Embassy Group is planning to restructure debt and focus on residential and commercial businesses following the merger with Indiabulls Real Estate amid concerns raised about valuation and land litigation that halted the merger. The NCLT withheld the merger due to objections raised by the IT departmen…

Indiabulls-Embassy merger will create one of India’s largest listed real estate development company, says Jitu Virwani

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.

YES Bank, IRFC, Indiabulls Real Estate, Suzlon shares see high volumes; HDFC Bank, Mankind Pharma lead turnover chart

Buzzing stocks L&T, Dr Reddy’s Lab, Vedanta, Biocon, JP Associates, PTC India, Indiabulls Real Estate, HPCL, Kesar India, Pricol, BASF, Bosch, Escorts, Venky’s India, SRF, Greaves Cotton, Raymond

Stocks to watch today — May 10, 2023

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Profitability and efficiency haven't been upto the mark

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Equinox India Developments Limited, formerly Indiabulls Real Estate Limited, is a holding company engaged in real estate project advisory, project marketing, maintenance of completed projects.