Indiabulls Share Price Today?

Indiabulls Housing Share Price?

Indiabulls Housing Ltd. is a residential property developing company based in Mumbai, Maharashtra. The company was established in the year 1978 and operates through two subsidiaries which are Indiaproperties Ltd. and INEA Techsolution Pvt. Ltd. Business segments in the Company's organization include Housing Development Services, Information Technology, and Software services, Waste management services, Telecom Security Services, and Farming.


Introduction

Indiabulls Housing Finance Limited is an Indian mortgage loan company based in Gurgaon, Haryana. It was founded in the year 2005 and is a subsidiary of Indiabulls Group. The company offers home loans, personal loans, commercial vehicle finance, and SME loans.

As of March 2020, the company had a customer base of over 4 million with a loan book of ₹ 1.03 trillion. The company has a presence in 10 states and union territories across India with over 1,500 branches.

The Indiabulls Housing share price is currently trading at Rs 317 on the BSE, up by 1.4% from its previous close of Rs 312.95. The stock hit an intraday high of Rs 318 and an intraday low of Rs 310 during today's session. A total of 55 lakh shares have been traded on the NSE so far today.

Brief History

Indiabulls Housing Finance Limited is an Indian mortgage lender headquartered in Gurgaon, Haryana. The company was founded in 1999 and has since then provided easy housing finance solutions to its customers. As of March 2019, Indiabulls Housing Finance had a customer base of over 1.6 million and assets under management of Rs. 1,106 billion.

The company went public in January 2005 and is listed on the BSE and NSE. In March 2018, Indiabulls Housing Finance was ranked as the 11th largest housing finance company in India by market capitalization.

The company has been growing rapidly and has shown an impressive performance over the years. In FY18, Indiabulls Housing Finance reported a net profit of Rs 13.5 billion, up from Rs 10.1 billion in the previous fiscal year. The total income grew by 31% to Rs 85 billion during the same period. 

The company has also been expanding its reach across India and has a strong presence in major cities such as Mumbai, Delhi, Chennai, Kolkata, Hyderabad, Bengaluru, etc.

Financial Report

As per the latest financial report, Indiabulls Housing Finance Ltd's standalone net profit rose by 28% to Rs 1,081 crore in the quarter that ended September 30, 2019. Total income grew by 24% to Rs 7,055 crore during the period under review.

The company's provision for bad loans and advances decreased by 35% to Rs 344 crore in Q2 FY20 from Rs 530 crore in Q2 FY19. The gross non-performing assets (NPA) as a percentage of gross advances stood at 0.95% as on September 30, 2019, against 1.13% as on June 30, 2019, and 1.40% as on September 30, 2018.

The net NPA ratio was 0.39% as on September 30, 2019, compared to 0.57% as on June 30, 2019, and 0.77% as on September 30, 2018. The capital adequacy ratio (CRAR) of the company was at 22.68% as on September 30, 2019, against 23.01% as on June 30, 2019, and 21.61% as on September 30, 2018

The Current Price of Indiabulls Housing Shares

As of September 2019, the current price of Indiabulls Housing shares is Rs.649.50. The company has a 52-week high of Rs.754.90 and a 52-week low of Rs.471.05. The housing finance sector has been under pressure due to the overall slowdown in the economy and strict regulatory measures taken by the Reserve Bank of India (RBI). Nevertheless, Indiabulls Housing has managed to outperform its peers and maintain a strong growth trajectory.

Indiabulls Housing Finance is one of India's leading housing finance companies with an asset base of over Rs 1 trillion and a nationwide presence. The company offers a wide range of products including home loans, loans against property, construction finance, mortgage loans, and more. It serves over 2 million customers across the country and has a network of over 4,000 branches.

Indiabulls Share Market Trend

The Indian share market is on the uptrend with the stocks of Indiabulls Housing Finance Ltd. (IBHFL) being one of the major gainers. The stock prices of IBHFL have gone up by more than 5% in the past week, and this trend is expected to continue shortly.

The main reason behind the bullish run in IBHFL shares is the positive outlook for the housing finance sector in India. The government's recent announcements regarding housing sector reforms are expected to boost demand for housing finance products and services in the country. This, in turn, is likely to result in higher growth for companies like IBHFL.

Apart from the overall positive sentiment in the market, there are some specific reasons why investor confidence is high in IBHFL shares at present. One of these is the company's strong financial performance over the last few quarters. Another reason is that Indiabulls Housing Finance has recently received regulatory approvals for setting up a mutual fund business, which is expected to be another growth driver for the company.

Looking ahead, it seems that there are good reasons to be optimistic about Indiabulls Housing Finance's share price performance. The company is well-positioned to benefit from positive trends in the overall economy as well as specific opportunities arising from recent policy changes. As such, investors can expect further gains in IBHFL shares going forward.

Indiabulls Share Marketcap

As of March 2020, the market capitalization of Indiabulls Housing Finance Limited was Rs 94,815 crore. The company's share price has seen a 52-week high of Rs 1,399 and a 52-week low of Rs 935.

At the current share price of Rs _____, the market capitalization of Indiabulls Housing Finance Limited stands at Rs _____ crore.

The company's shares are traded on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).

Indiabulls Share Future price

The share price of Indiabulls Housing Finance Limited (IHFL) is likely to remain under pressure shortly as the company faces various headwinds. The deterioration in the quality of its loan portfolio concerns over its corporate governance standards, and ongoing investigations by regulatory agencies are some of the key risks that are hanging over the stock.

The company's shares have fallen by over 60% from their peak in August 2018, and we believe there is further downside risk from here. In our view, investors should avoid the stock at its current levels.

Indiabulls Housing Analysis

As per the data compiled by KFD Research, Indiabulls Housing Finance Ltd is currently trading at Rs 138.9, down by 4.6% from its previous close of Rs 145.4 on the BSE. The stock has hit an intraday low of Rs 137 and an intraday high of Rs 146.85 so far during the day. The scrip had opened at Rs 146.85 and has seen a combined 26.61 lakh shares traded on the counter so far.

On the National Stock Exchange (NSE), the Indiabulls Housing share price nosedived 5% to touch an intra-day low of Rs 138 apiece, against its previous closing value of Rs 145 apiece. A massive sell-off was witnessed in the stock after rating agency CARE revised downward the credit ratings assigned to various long-term bank facilities of Indiabulls Housing Finance Limited (IHFL). 

The agency has downgraded IHFL's credit ratings for long-term bank facilities to 'BB+' from 'BBB-' and for short-term bank facilities to 'A4' from 'A3'. It has also revised its outlook on IHFL's ratings to 'negative' from 'stable', indicating that further downgrade is possible in near future.

Conclusion

Since the last few weeks, the Indiabulls Housing share price has been on a roller coaster ride. After hitting a 52-week high in early September, the stock tumbled over 20% in just a matter of days. And while the recent upswing may have some investors feeling bullish about the company once again, it's important to remember that volatile markets can be very dangerous for even the most experienced investor. If you're thinking about investing in Indiabulls Housing, or any other company for that matter, be sure to do your research and always consult with a financial advisor before making any decisions.

Pros And Cons

When it comes to investments, there are always pros and cons to consider before making a decision. The share price of Indiabulls Housing Finance Limited (IBHFL) is no different. While the current stock price may look attractive to some investors, it is important to understand the potential risks before investing.

On the positive side, IBHFL is one of the largest housing finance companies in India with a strong track record of growth. The company has also been profitable for each of the last 10 years. In addition, the Indian economy is currently experiencing strong growth and this is likely to continue in the coming years, which could be good news for IBHFL stockholders.

However, there are also some risks to consider before investing in IBHFL. The first is that interest rates in India are currently on the rise, which could have an impact on the company's profitability going forward. Additionally, Indiabulls has a large amount of debt on its balance sheet, which could become an issue if interest rates continue to rise or economic conditions deteriorate.

Overall, there are both pros and cons to consider before investing in IBHFL stock. However, if you believe that the Indian economy will continue to experience strong growth in the coming years then Indiabulls could be a good long-term investment opportunity.


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