India: Promoter, MD pick shares worth $15m in Indiabulls Housing days after Oak North deal

India: Promoter, MD pick shares worth $15m in Indiabulls Housing days after Oak North deal

Photo: Pradeep Gaur/Mint

The promoter and managing director of Indiabulls Housing Finance Ltd bought shares worth Rs.100 crore to increase their stake in the Mumbai-based private housing finance company—four days after its purchase of a stake in a British bank led to a hammering of the stock.

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