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Indiabulls Real Estate Ltd., incorporated in the year 2006, is a Mid Cap company (having a market cap of Rs 7554.24 Crore) operating in Real Estate sector.
Indiabulls Real Estate Ltd. key Products/Revenue Segments include Other Operating Revenue, Income from Project Development and Income From Real Estate Development for the year ending 31-Mar-2020.
Financials
For the quarter ended 30-09-2021, the company reported a Consolidated Total Income of Rs 381.25 Crore, down -28.34 % from last quarter Total Income of Rs 532.03 Crore and up 651.93 % from last year same quarter Total Income of Rs 50.70 Crore. Company reported net profit after tax of Rs 5.65 Crore in latest quarter.
Investment Rationale
The daily and weekly strength indicator RSI and the momentum indicator Stochastic both are in bullish mode which supports rising strength as well as momentum.
Promoter/FII Holdings
Promoters held 6.15 per cent stake in the company as of 30-Sep-2021, while FIIs owned 19.43 per cent, DIIs 3.66 per cent.
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