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Credit Suisse Singapore Buys Indiabulls Housing Finance Shares Worth Rs 72 Crore

The company bought the shares at an average price of Rs 323.25 apiece.

Indian two thousand and five hundred rupee banknotes. (Photographer: Dhiraj Singh/Bloomberg)  
Indian two thousand and five hundred rupee banknotes. (Photographer: Dhiraj Singh/Bloomberg)  

Credit Suisse (Singapore) Ltd. on Friday picked up Indiabulls Housing Finance Ltd. shares worth over Rs 72 crore through an open market transaction.

As per the bulk deal data on NSE, 22,36,394 shares, representing 0.52 percent of the total shares of Indiabulls Housing Finance, were bought by Credit Suisse.

The company bought the shares at an average price of Rs 323.25 apiece, which took the total deal value to Rs 72.29 crore.

The seller, however, could not be ascertained.

Shares of Indiabulls Housing Finance on Friday closed 6.53 percent higher at Rs 799 on the NSE.