Indiabulls Housing jumps 1.5% on CRISIL ratings upgrade; Morgan Stanley upbeat

In upgrading the rating, Crisil has factored continued healthy asset quality, robust capitalisation, strong profitability, healthy cover for asset-side risks, and sufficient liquidity. Indiabulls Housing Financegained over 1.5 percent intraday on Thursday as investors cheered positive brokerage views on the stock. Ratings agency Crisil upgraded the long-term rating of Indiabulls Housing Finance Limited (IBHFL), and its wholly owned subsidiary Indiabulls […]

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