Indiabulls Housing Finance gained 2% to Rs 293 after Blackrock Emerging Markets Fund bought 0.55% stake via bulk deal on 11 June 2021.As per the bulk deal data on the NSE, Blackrock Emerging Markets Fund bought 25,50,957 equity shares (or 0.55% stake) of Indiabulls Housing Finance at an average price of Rs 287.84 each on Friday, 11 June 2021.
As of 31 March 2021, Blackrock Strategic Funds - Blackrock Emerging Market Fund held 1.19% stake in Indiabulls Housing Finance.
Shares of Indiabulls Housing Finance have rallied 18% in five days from its previous closing low of Rs 247.80 posted on 7 June 2021.
Indiabulls Housing Finance is a housing finance company, regulated by the National Housing Bank (NHB). The company offers competitively priced home loans in the affordable housing segment.
Read more about Indices trade with modest losses; PSU banks tumble on Business Standard. The key equity indices continued to trade with moderate losses in mid morning trade. The Nifty was trading below the 15,700 mark. Shares of PSU Bank declined across the board.