Indiabulls Real Estate Ltd News: Most Realty Shares Trade In Red; Indiabulls Real Estate, Sunteck Realty Drop

In the latest Indiabulls Real Estate Ltd News, most realty shares were exchanging in the red with the Nifty Realty list exchanging 0.41 percent down at 205.15 around 11:02 am on October 26, 2018.

Shares of Indiabulls Real Estate (down 3.19 percent), Brigade Enterprises (down 2.96 percent), Sunteck Realty (down 2.57 percent) and Sobha (down 1.44 percent) were among the significant slowpokes.

Shares of Prestige Estates Projects (up 3.40 percent), Godrej Properties (up 1.91 percent), Sobha (up 1.66 percent) and DLF (up 0.80 percent), were the best gainers in the list.

Unitech (down 4.17 percent), Brigade Enterprises (down 3.24 percent), Indiabulls Real Estate (down 1.89 percent) and Oberoi Realty (down 1.62 percent), showed up among the slow pokes.

Godrej Properties (up 4.08 percent), Phoenix Mills (up 0.99 percent) and Prestige Estates Projects (up 0.47 percent) were the best gainers in the file.

In the latest Indiabulls Real Estate Ltd News, the key Products/Revenue Segments incorporate Income from Real Estate Development which contributed Rs 27.20 Crore to Sales Value (100.00 percent of Total Sales) for the year finishing March 31, 2017.

For the quarter finished 30-09-2018, the organization has detailed combined shares of Rs 1040.42 Crore, up 28.31 percent from last quarter Sales of Rs 810.85 Crore and up 44.19 percent from a year ago same quarter Sales of Rs 721.58 Crore. The Company has announced net benefit after assessment of Rs 94.51 Crore in the most recent quarter.

Benchmark NSE Nifty50 record was down 65.15 points at 10,059.75 while BSE Sensex was 174.97 at 33,515.12 around then.

Among the 50 stocks in the Nifty record, 13 were exchanging the green, while 37 were in the red.

As per the Indiabulls Real Estate Ltd news, shares of Ashok Leyland, SBI, YES Bank, BHEL, Ambuja Cements, ICICI Bank, SBI, Tata Motors, Bank of Baroda, Hindalco Inds., Vedanta and Idea Cellular, Bank of Baroda, Axis Bank, Infosys, Idea Cellular and L&T Fin Holding were among the most exchanged shares on the NSE, according to the report of The Economic Times.

The post Indiabulls Real Estate Ltd News: Most Realty Shares Trade In Red; Indiabulls Real Estate, Sunteck Realty Drop appeared first on OWLT Market.

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