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Indiabulls Real Estate jumps nearly 30% on business rejig plans

Indiabulls Real Estate jumps nearly 30% on business rejig plans

Monday, April 17, 2017, 2:39 PM

Shares of Indiabulls Real Estate surged as much as 28% in Monday’s trade after the company informed bourses that it is looking to reorganise existing business via demerger. The scrip was trading 26.83% up at Rs.134.25 around 2.13 pm. Shares of the company opened at Rs.108.10 and touched an intraday high and low of Rs 135.90 and Rs 103.65, respectively, in trade so far.
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