Indiabulls Real Estate Ltd. is one of the largest real estate companies in India. It is involved in the construction and development of residential, commercial, and Special Economic Zone (SEZ) projects across major Indian metros. The company was incorporated in 2006 with its headquarters in Gurugram, Haryana. During FY 2021-2022, Indiabulls Real Estate Ltd. generated total revenue of Rs HYPERLINK "https://economictimes.indiatimes.com/indiabulls-real-estate-ltd/stocks/companyid-19231.cms" 1,541.37 crore, down 7.26% from the previous financial year, which closed at Rs 1,662.06 crore. On 5 August 2022, the company’s market capitalisation was valued at Rs HYPERLINK
"https://www.moneycontrol.com/india/stockpricequote/constructioncontracting-real-estate/indiabullsrealestate/IRE01" 3,891 crore.
The company’s Bombay Stock Exchange listing code is 532832 and the National Stock Exchange listing code is BREALEST.
Indiabulls Real Estate Ltd. has delivered iconic residential developments in Mumbai, Ahmedabad, Thane, Chennai, Gurugram, and Madurai. It has developed commercial projects of over 3.3 million sqft in Mumbai, namely, Indiabulls Finance Centre and One Indiabulls Centre. The company’s portfolio includes premium residential developments, high-end office and commercial spaces, luxury resorts, Special Economic Zones (SEZ), and integrated townships.
As of 30 June 2022, the company had a 22.36% foreign institutional investor stake, 5.71% domestic institutional investor stake, and 71.59% public stake. The promoter stake has reduced to 0 compared to 11.99% in June 2021.
The company’s chairman and founder isMr Sameer Gehlaut. The other board of directors include Mr Gurbans Singh, Mr K G Krishnamurthy, Mr Mehul Johnson, Mr Gurinder Singh, and Mr Praveen Kumar Tripathi.
On 5 August 2022, the share price for Indiabulls Real Estate Ltd. closed at Rs 71.85 on BSE. On NSE, it closed at the same price, Rs 71.85. The 52-week high for Indiabulls Real Estate Ltd.’s share price was Rs 195.90, and the 52-week low for the company’s share price was Rs 58.
The company’s peers in the realty sector are Ganesh Housing, Hemisphere Properties, Nesco Ltd., DLF, Godrej Properties, Oberoi Realty, and Macrotech Developers Ltd.
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Equinox India Developments share price as on 14 Sep 2024 is Rs. 129.62. Over the past 6 months, the Equinox India Developments share price has increased by 18.05% and in the last one year, it has increased by 75.28%. The 52-week low for Equinox India Developments share price was Rs. 69 and 52-week high was Rs. 164.36.
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