Indiabulls Housing Finance: Indiabulls Housing Finance rights issue lists at Rs 92/share

Mumbai: The partly paid-up shares of Indiabulls Housing Finance Rights listed on Friday at ₹92 per share, as against its intrinsic value of ₹88.75, following a strong response to the rights issue last week. The stock surged to a 20% upper circuit after listing, closing at ₹106.50. The intrinsic value of the partly paid shares … Read more