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Indiabulls Housing jumps 8% on timely payment of interest for NCD

Updated : August 26, 2020 12:41 PM IST

The stock rose 8 percent to the day's high of Rs 222.95 per share in trade today.
The company informed exchanges that it has made timely payment of interest for Non-convertible Debentures
Media reports also said the mortgage company is in the final stages of negotiating a deal with Oaktree to raise $200 million (Rs 1,500 crore) in debt.
Indiabulls Housing jumps 8% on timely payment of interest for NCD

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