Indiabulls Real Estate plans to restructure its power and Infra businesses

Shares of Indiabulls Real Estate rose as much as 2.55% in early trades on its plans to restructure its power and infrastructure businesses to help raise their net worth and meet funding requirements.

The stock is currently trading at Rs 208.80, down by 0.26% from its previous close. The stock opened at Rs 211.00. It touched an intraday high of Rs 212.00 and intraday low of Rs 207.15 so far. The total traded volume of the stock stood at 48,19,939 shares on NSE at 10:02 hrs IST.

Indiabulls Group is one of the top business houses in the country with business interests in Real Estate, Infrastructure, Financial Services and Power Sectors. Indiabulls Real Estate has a pan-India presence. From the iconic Sky towers in South Mumbai to sprawling SEZs and residential townships in major cities across the country.