Infomerics upgrades long-term rating of Indiabulls Real Estate Ltd

The rating committee of the rating agency Infomerics Valuation and Rating Pvt. Ltd. ("Infomerics") has upgraded the long-term rating of Indiabulls Real Estate Limited from "IVR A+" to "IVR AA-/Stable Outlook" (IVR Double A Minus with Stable Outlook).

Shares of INDIABULLS REAL ESTATE LTD. was last trading in BSE at Rs.42.55 as compared to the previous close of Rs. 43.05. The total number of shares traded during the day was 63274 in over 620 trades.

The stock hit an intraday high of Rs. 44.3 and intraday low of 41.1. The net turnover during the day was Rs. 2683286.

Source : Equity Bulls

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