Indiabulls Enterprises Limited, through its wholly owned subsidiary, has entered into a Memorandum of Understanding (MoU) with landowners to develop a significant real estate project in Ludhiana, Punjab.
The project, spanning 24.5 acres, will feature a combination of group housing and commercial spaces, offering an estimated saleable area of 43.20 lakh sq. ft. The company anticipates generating revenues of ₹3,500 crore from this development in the coming years. The project is currently in the planning phase, with registration under the Real Estate Regulatory Authority (RERA) and other necessary approvals expected by FY 2025-26.
As of 3:30 PM on 21st January , shares of Indiabulls closed 4.26% higher at ₹21.07 on NSE.
INDIABULLS ENT LTD Share Price history
| Day | Open | Close | Change % |
|---|---|---|---|
|
Mon, Jan 20 2025
|
₹19.50
|
₹20.21
|
|
|
Fri, Jan 17 2025
|
₹19.20
|
₹19.25
|
|
|
Thu, Jan 16 2025
|
₹19.05
|
₹19.15
|
|
|
Wed, Jan 15 2025
|
₹19.08
|
₹19.04
|
|
|
Tue, Jan 14 2025
|
₹18.71
|
₹18.71
|
-2.04%
|
|
Mon, Jan 13 2025
|
₹19.10
|
₹19.10
|
-2.00%
|
|
Fri, Jan 10 2025
|
₹19.49
|
₹19.49
|
-2.01%
|
|
Thu, Jan 9 2025
|
₹19.89
|
₹19.89
|
-2.02%
|
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