Indiabulls Housing

Sammaan Capital shares rose nearly 4% following a clarification regarding Supreme Court proceedings, which found no wrongdoing against the company. The firm emphasised it is now promoter-less and has fully repaid loans central to a public interest litigation that remains ongoing.

The Supreme Court directed the CBI, ED, SFIO and Sebi to probe allegations related to five borrower groups that were extended loans by Sammaan Capital. Here's what we know.

Sammaan Capital shares hogged the limelight in trade on Tuesday, November 4, as the world's largest asset manager, BlackRock Inc, raised its stake in the company to above 5% via open market transactions.

Sammaan Capital share price has fallen 2% in one month, but has gained 3% in three months. The housing finance stock has dropped 19% on a year-to-date (YTD) basis, while it has declined 15% in two years.

Stock market today is expected to continue positive momentum driven by healthy macros and strong FIIs inflow

Delta Corp, Indiabulls Housing Finance, ZEEL, and India Cements are the other 4 stocks that are a part of the F&O ban list

Indiabulls Housing Finance's share price has risen 26.3% in the last five trading sessions after repaying ₹1,112.5 crores of bonds.

Indiabulls Housing Finance board has also recommended a final dividend of ₹1.25 per equity share translating to 62.5% on face value of ₹2 each for the financial year ended March 31, 2023, subject to approval of members at the ensuing Annual General Meeting, it added.

Day trading stocks: Market experts have recommended six stocks to buy today — Naukri, Sun Pharma, Indiabulls Housing Finance, South Indian Bank, Reliance, Piramal Pharma

The mortgage lender's net interest income - the difference between interest earned and interest expended, came in at ₹733.6 crore, registering a growth of 13.5 per cent, compared to ₹646.3 crore in the year-ago period.