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Home Tag Archives: falls

Tag Archives: falls

Indiabulls Housing Finance share price falls 38% on concerns over merger with Lakshmi Vilas Bank

By Loknath Das
October 1, 2019
in :  Finance
Comments Off on Indiabulls Housing Finance share price falls 38% on concerns over merger with Lakshmi Vilas Bank

The share price of Indiabulls Housing Finance Ltd (IBHFL) crashed nearly 38% intraday to hit a fresh 52-week low today after Reserve Bank of India put private sector lender Lakshmi Vilas Bank under its prompt corrective action (PCA) plan. The development places the prospects of their prolonged merger into jeopardy. Indiabulls Housing Finance stock opened today with a loss of …

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