Indiabulls Housing Finance shares rise 8%, writ petition withdrawn

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Mumbai (Maharashtra) [India], June 13 (ani): indiabulls housing finance said on Thursday the petitioner, who had filed a plea in Supreme Court alleging misappropriation of Rs 98,000 crore by the.

Indiabulls Housing Surges by 11% After Plea Alleging Rs 98,000 Crore Scam Withdrawn A criminal writ petition was filed in the Supreme Court on Monday alleging that Rs 98,000 crore had been siphoned out of the company by senior officials.

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Shares of indiabulls housing soared more than 9 percent intraday on June 13 after a writ petition alleging financial misdeeds against the mortgage lender was withdrawn. A criminal writ petition filed.

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On April 24, Indiabulls Housing Finance releases figures for Q4. Analysts on Wall Street expect Indiabulls Housing Finance will release earnings per share of INR 26.08. Go here to watch Indiabulls.

Shares of Indiabulls group witnessed a sharp recovery in trade after the writ petition against Indiabulls Housing Finance was withdrawn in SC, leading to a sharp gain of ~12% in the share price of.

The scrip plunged as much as 9.66 per cent to Rs 498, while the benchmark bse sensex was down over 250 per cent at 37,046 at around 9.40 am (IST).

BENGALURU (Reuters) – Indiabulls Housing Finance Ltd on Thursday said a writ petition alleging financial misdeeds against the mortgage lender had been withdrawn, sending shares nearly 8% higher.

Indiabulls Housing Finance Ltd on Thursday said a writ petition alleging financial misdeeds against the mortgage lender had been withdrawn, sending shares nearly 8% higher. A criminal writ petition.

Indiabulls Housing Finance Ltd on Thursday said a writ petition alleging financial misdeeds against the mortgage lender had been withdrawn, sending shares nearly 8% higher. A criminal writ petition filed on Monday in India’s Supreme Court, alleging that about 980 billion rupees ($14 billion) had.

Indiabulls Housing Finance says writ petition filed in the Supreme Court against the company and its Chairman sameer gehlaut alleging misappropriation of funds has been withdrawn.

Bengaluru: Indiabulls Housing Finance Ltd on Thursday said a writ petition alleging financial misdeeds against the mortgage lender had been withdrawn, sending shares nearly 8% higher. A criminal writ petition filed on Monday in Supreme Court alleged that about 98000 crore ($14 billion) had been siphoned out of the company by senior officials using a web of shell companies.