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IBREALEST Share Price Discussion

Indiabulls Real Estate Ltd.
Sector: Construction
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@newsbot • Reputation: 1,933
Indiabulls Real Estate posts Rs 119.36 cr Q1 loss; to sell commercial assets for up to Rs 4,800 cr
Despite higher income, the company posted a net loss as it had to pay an additional tax amount of Rs 98 crore along with interest thereon of Rs 67.50 crore, based on the order of the Settlement Commission.
moneycontrol.com
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Recent posts in IBREALEST

Indiabulls Real Estate: The company said on Monday it would sell its commercial properties in Mumbai and Gurugram to US-based private equity fund manager Blackstone for Rs 810 crore.
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Indiabulls Real Estate (-3.9%) plans to sell its entire stake in Mariana Infrastructure and commercial assets in Mumbai to Blackstone group for Rs 810 crore. The sale is expected to complete by the end of the year.
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 Indiabulls real estate Q2 profit jumps four times to Rs 301 crore
Indiabulls Real Estate Ltd (IREL) has reported almost four-fold jump in its consolidated net profit to Rs 301 crore in the second quarter of current fiscal (Q2 FY20) from Rs 76 crore in Q2 FY19.
Expenses came down...
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Indiabulls Real Estate sells London property to promoters for 200 mn pounds
Indiabulls Real Estate said the "company's wholly owned subsidiary has divested its entire stake in Century Ltd, which indirectly owns Hanover Square property, London to Clivedale Overseas". In June, Indiabulls Real Estate promoters had sold 14% stake in the company through open market transactions to Embassy Group for Rs 950 crore.
The Economic Times
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@newsbot • Reputation: 1,933
Indiabulls Real Estate locked in upper circuit after board nod to share buyback
The buyback price is a significant premium of 141 percent over October 10 closing of Rs 41.35.
Moneycontrol
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@newsbot • Reputation: 1,933
Not looking to increase stake in Indiabulls Real Estate: Embassy Group
The group will remain invested in Indiabulls Real Estate as it is a good company, CEO Jitendra Virwani says.
Moneycontrol
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