The company made this announcement before trading hours today, 4 April 2008.
Meanwhile, the BSE Sensex was down 110.72 points, or 0.70%, to 15,721.83.
On BSE, 18,747 shares were traded in the counter. The scrip had an average daily volume of 8.17 lakh shares in the past one quarter.
The stock hit a high of Rs 502 and a low of Rs 491.10 so far during the day. The stock had a 52-week high of Rs 847.80 on 8 January 2008 and a 52-week low of Rs 250.25 on 5 April 2007.
The mid-cap scrip had underperformed the market over the past one month till 3 April 2008, declining 8.40% compared to the Sensex’s fall of 4.29%. It had also underperformed the market in the past one quarter, declining 35% compared to Sensex’s decline of 23.47%.
The company’s current equity is Rs 48.17 crore. Face value per share is Rs 2.
The current price of Rs 497.10 discounts its Q3 December 2007 annualized EPS of Rs 68.35, by a PE multiple of 7.27.
Indiabulls Power Generation (IPGL) is a subsidiary of Indiabulls Power Services (IPSL), which in turn is a subsidiary of Indiabulls Real Estate.
Indiabulls Real Estate reported a net profit of Rs 410.04 crore on net sales of Rs 6.10 crore in Q3 December 2007. Figures of the corresponding previous year period were not available.
The company is engaged in construction and development of real estate. It includes promotion, construction, development and sale of townships, residential and commercial property.
Meanwhile, the BSE Sensex was down 110.72 points, or 0.70%, to 15,721.83.
On BSE, 18,747 shares were traded in the counter. The scrip had an average daily volume of 8.17 lakh shares in the past one quarter.
The stock hit a high of Rs 502 and a low of Rs 491.10 so far during the day. The stock had a 52-week high of Rs 847.80 on 8 January 2008 and a 52-week low of Rs 250.25 on 5 April 2007.
The mid-cap scrip had underperformed the market over the past one month till 3 April 2008, declining 8.40% compared to the Sensex’s fall of 4.29%. It had also underperformed the market in the past one quarter, declining 35% compared to Sensex’s decline of 23.47%.
The company’s current equity is Rs 48.17 crore. Face value per share is Rs 2.
The current price of Rs 497.10 discounts its Q3 December 2007 annualized EPS of Rs 68.35, by a PE multiple of 7.27.
Indiabulls Power Generation (IPGL) is a subsidiary of Indiabulls Power Services (IPSL), which in turn is a subsidiary of Indiabulls Real Estate.
Indiabulls Real Estate reported a net profit of Rs 410.04 crore on net sales of Rs 6.10 crore in Q3 December 2007. Figures of the corresponding previous year period were not available.
The company is engaged in construction and development of real estate. It includes promotion, construction, development and sale of townships, residential and commercial property.
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