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SAMMAANCAP Sammaan Capital News Story

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FinancialsSpeculativeMid CapMomentum Trap

Indiabulls Housing Finance up as quarterly profit rises

** Shares of Indiabulls Housing Finance  INBF.NS  rise as
much as 3.7% to 182.3 rupees, their highest level since Oct. 3
    ** Housing financier posted ~3% rise in consol net profit
for Sept-qtr 
    ** Total rev from ops dipped marginally by 0.12%
    ** More than 18.2 mln shares traded by 12.30 p.m. IST, 1.7x
its 30-day avg
    ** Stock last up 2.9%, extending YTD gains to 16.9%

 (Reporting by Aleef Jahan in Bengaluru)
 ((aleefjahan.cs@thomsonreuters.com))

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