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Indiabulls Financials shares down on block deals

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Indiabulls Financials shares down on block deals
Shares of Indiabulls Financial Services dropped sharply by as much as 5 percent on Friday after 2.19 crore shares changed hands in more than 12 block deals on both National Stock Exchange and the Bombay Stock Exchange.
 

On Thursday, Indiabulls Financials launched a share sale for institutional investors to raise up to Rs 440 crores.

The shares of Indiabulls are currently trading at Rs 285 on the Bombay Stock Exchange.

GoodReturns.in

Read more about: indiabulls financials
Story first published: Friday, February 8, 2013, 11:58 [IST]
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