The London bug has bitten Indiabulls. After the Lodha group made two marquee purchases, Indiabulls has now thrown its hat into the ring with a Rs 1,500 crore purchase. So, what is it about London that is attracting Indian realtors? CNBC-TV18's Sanjay Suri tries to find out.
The London bug has bitten Indiabulls . After the Lodha group made two marquee purchases, Indiabulls has now thrown its hat into the ring with a Rs 1,500 crore purchase. So, what is it about London that is attracting Indian realtors? CNBC-TV18's Sanjay Suri tries to find out.
For more: How Indiabulls plans to rake in moolah via London deal
Indiabulls Real stock price
On June 20, 2014, Indiabulls Real Estate closed at Rs 92.50, up Rs 0.30, or 0.33 percent. The 52-week high of the share was Rs 109.45 and the 52-week low was Rs 45.10.
The company's trailing 12-month (TTM) EPS was at Rs 3.40 per share as per the quarter ended March 2014. The stock's price-to-earnings (P/E) ratio was 27.21. The latest book value of the company is Rs 137.36 per share. At current value, the price-to-book value of the company is 0.67.
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