Shares of Indiabulls Real Estate Ltd, M.M. Forgings Ltd and Balaji Telefilms Ltd have rallied in today’s trading session.
While markets opened flat, as of noon, S&P BSE – 500 declined by 1.19 per cent.
Indiabulls Real Estate Ltd gained more than 12 per cent
Indiabulls Real Estate Limited is a holding company, which is engaged in the development of real estate projects and allied activities. The share price of the company has jumped 12 per cent in the first half of today's trading session after clarification on the ED investigation. The company clarified that the Enforcement Directorate (ED) investigation did not pertain to the company and has no bearing on the business and operations of the company. The stock hit a high price of Rs 116.90 and a low of Rs 104.60 during the session.