MUMBAI: Shares of Indiabulls Real Estate and Indiabulls Power fell sharply after Canadian research firm Veritas recommended selling all of the group stocks.
Disclosures at Indiabulls Real Estate and Indiabulls Power are unreliable, Veritas claimed, adding that the sole purpose of Indiabulls Real Estate was to benefit select investors.
At 09:40 a.m., shares of Indiabulls Real Estate were down 7.35 per cent on the BSE. It gained some ground after having touched an intraday low of Rs 49 today.
Indiabulls Power was at Rs 12.94, down 3.72 per cent on the BSE. The stock has touched a low of Rs 12.79 and a high of Rs 13.65 in trade today. [ Via ]
Disclosures at Indiabulls Real Estate and Indiabulls Power are unreliable, Veritas claimed, adding that the sole purpose of Indiabulls Real Estate was to benefit select investors.
At 09:40 a.m., shares of Indiabulls Real Estate were down 7.35 per cent on the BSE. It gained some ground after having touched an intraday low of Rs 49 today.
Indiabulls Power was at Rs 12.94, down 3.72 per cent on the BSE. The stock has touched a low of Rs 12.79 and a high of Rs 13.65 in trade today. [ Via ]
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