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    Sell Indiabulls Housing Finance, target Rs 1,235.10: ICICI Direct

    Synopsis

    Sell Indiabulls Housing Finance Ltd. at a price target of Rs 1235.1 and a stop loss at Rs 1267.1 from entry point.

    ICICI Direct has a sell call on Indiabulls Housing Finance with a target price of Rs 1,235.10.

    The current market price of Indiabulls Housing Finance is Rs 1259.70.

    Time period given by the brokerage firm is 'Intra Day' when Indiabulls Housing Finance price can reach defined target.

    ICICI Direct recommended to keep stoploss at Rs 1,267.10.

    Indiabulls Housing Finance, incorporated in the year 2005, is a Large Cap company (having a market cap of Rs 53,471.76 Crore) operating in Finance sector.

    The company’s top management includes Brig.(Retd)Labh Singh Sitara, Dr.Kamalesh Shailesh Chandra Chakrabarty, Justice(Retd)Bisheshwar Prasad Singh, Justice(Retd)Gyan Sudha Misra, Mr.Ajit Kumar Mittal, Mr.Ashwini Omprakash Kumar, Mr.Gagan Banga, Mr.Prem Prakash Mirdha, Mr.Sameer Gehlaut, Mr.Shamsher Singh Ahlawat, Mrs.Manjari Ashok Kacker.

    Company has Deloitte Haskins & Sells LLP as its auditors.

    As on 31-12-2017, the company has a total of 425,932,744 shares outstanding.
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