Indiabulls Group shares in focus; Indiabulls Ventures zooms 37% in two days

Shares of Indiabulls Group companies such as Indiabulls Ventures, Indiabulls Real Estate and Indiabulls Housing Finance were trading higher by up to 20% on the BSE on Monday.
Indiabulls Ventures hit a new high of Rs 381, up 20% in MARKET today, gaining 37% in past two trading days from Rs 278 on Thursday, on back of heavy volumes.

At 02:26 pm; the stock was trading 17% higher at Rs 373 against 0.28% rise in the S&P BSE Sensex.

The trading volumes on the counter jumped nine-fold with a combined 25.19 million shares representing 5.7% of total equity of Indiabulls Ventures have changed hands on the NSE and BSE so far.

On clarification with reference to increase in volume, Indiabulls Ventures said that as of now, there is no information / announcement, which require disclosure by the Company, in terms of SEBI (LODR) Regulations.