Indiabulls Share Price Surges 75% This Year, Reaches New 52-Week High

Indiabulls Share Price Hits 5% Upper Circuit for Second Straight Session

The Indiabulls share price surged to a fresh 52-week high on Monday, led by strong buying momentum. The stock gained as much as 5% to a new high of ₹30.76 apiece on the BSE, with robust trading volumes supporting the rally. Approximately 2 crore equity shares of Indiabulls Ltd changed hands on stock exchanges on July 6, significantly higher than the one week average trading volume of 95 lakh shares and one month average volumes of 68 lakh shares.

The broader rally in the Indian stock market today also lifted the positive momentum in Indiabulls shares, with the benchmark Sensex jumping over 500 points and the Nifty 50 surging above 24,450 level. Broader markets also gained, with the Nifty Smallcap 100 and the Nifty Midcap 100 indices rising over half a percent each.