Trending stocks: Indiabulls Housing Finance shares rise 3%

INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Shares of Indiabulls Housing Finance Ltd
traded 2.79 per cent up in Tuesday 's trade at 09:57AM (IST)
Around 3641329 shares changed hands on the counter
The stock opened at Rs 101.8 and touched an intraday high and low of Rs 102.0 and Rs 97.5 , respectively, in the session so far
The stock quoted a 52-week high of Rs 1003.9 and a 52-week low of Rs 84.25
On a year-to-date basis, shares of the company are up/down xx per cent till date
The 30-share Sensex has gained/declined xx per cent during the same period
Financials Indiabulls Housing Finance Ltd., incorporated in the year 2005, is a Mid Cap company (having a market cap of Rs 4134.64 Crore)
operating in NBFC sector
The company reported Rs gain/loss for the quarter ended LASTESTQuarter
For the quarter ended 31-12-2019, the company has reported a Consolidated sales of Rs 3369.16 Crore, down -1.47 % from last quarter Sales of
Rs 3419.54 Crore and down -20.48 % from last year same quarter Sales of Rs 4236.80 Crore Company has reported net profit after tax of Rs
546.87 Crore in latest quarter
Indiabulls Housing Finance Ltd
key Products/Revenue Segments include Interest which contributed Rs 13538.10 Crore to Sales Value (87.86 % of Total Sales), Income From Sale
Of Share - Securities which contributed Rs 616.78 Crore to Sales Value (4.00 % of Total Sales), Income From Financial Services which
contributed Rs 609.13 Crore to Sales Value (3.95 % of Total Sales), Dividend which contributed Rs 385.12 Crore to Sales Value (2.49 % of
Total Sales), Other Operating Revenue which contributed Rs 162.94 Crore to Sales Value (1.05 % of Total Sales), Fees - Other Charges which
contributed Rs 62.64 Crore to Sales Value (0.40 % of Total Sales) and Commission which contributed Rs 32.64 Crore to Sales Value (0.21 % of
Total Sales)for the year ending 31-Mar-2019
Promoter holding Promoters held
$Parser.toNumber($MarketsData-marketResults.shareHolding.searchResult.ShareHoldingPatternTotal[0].percentageHolding) per cent stake in the
company as of quarter ended 31st Dec 2019
Valuation ratio It quoted a price-to-earnings ratio of 1.38 and price to book value of 0.26
Technical indicators Momentum indicator moving average convergence divergence, or MACD, is signalling a bearish/bullish bias on the counter
The MACD is known for signalling trend reversals in traded securities or indices
It is the difference between the 26-day and 12-day exponential moving averages
When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward
movement and vice versa
On the other hand, the Relative Strength Index (RSI) showed the stock is in oversold zone right now
The RSI oscillates between zero and 100
Traditionally the RSI is considered overbought when above 70 and oversold when below 30
RSI can also be used to identify the general trend
The stock hovered above/below the lower Bollinger Band
Buying a stock when the price has ruled below the lower Bollinger Band often helps traders take advantage of oversold conditions.