Indiabulls Limited Stock Falls to 52-Week Low of Rs.9.23

Recent Price Movement and Market Context

On 24 Feb 2026, Indiabulls Limited’s share price touched Rs.9.23, the lowest level recorded in the past year. This decline comes after two consecutive days of losses, with the stock falling by 1.89% over this period. The day’s performance saw the stock underperform its sector by 0.36%, reflecting broader challenges within the company’s trading range. Notably, the stock is trading below all key moving averages — including the 5-day, 20-day, 50-day, 100-day, and 200-day averages — signalling sustained downward momentum.

The broader market environment has also been subdued. The Sensex opened 242.12 points lower and closed down by 495.76 points at 82,556.78, a decline of 0.89%. Despite this, the Sensex remains within 4.36% of its 52-week high of 86,159.02, indicating that the market overall has not mirrored the steep decline seen in Indiabulls Limited’s shares.

Long-Term Performance and Valuation Metrics

Over the last year, Indiabulls Limited’s stock has depreciated by 33.29%, a stark contrast to the Sensex’s positive return of 10.88% during the same period. The stock’s 52-week high was Rs.20.91, underscoring the extent of the recent decline. This underperformance extends beyond the last year, with the company lagging behind the BSE500 index over one, three years, and the last three months.

From a valuation standpoint, the company’s Price to Book Value stands at 0.8, which is considered expensive relative to its peers’ historical averages. The Return on Equity (ROE) is negative at -1.9%, reflecting challenges in generating shareholder returns. Despite these valuation concerns, the company’s Price/Earnings to Growth (PEG) ratio is 0.7, indicating that earnings growth has outpaced the stock price decline to some extent.

Financial Health and Debt Profile

Indiabulls Limited’s financial strength remains under pressure. The company reports a high Debt to EBITDA ratio of 14.16 times, indicating a significant leverage burden and a limited capacity to service its debt obligations comfortably. This elevated leverage contributes to the company’s weak long-term fundamental strength, as reflected in its recent downgrade from a Sell to a Strong Sell rating by MarketsMOJO on 3 Feb 2026, with a Mojo Score of 27.0.

Despite these concerns, the company has shown some positive financial results in recent quarters. Net sales for the latest six months stood at Rs.333.23 crores, while the quarterly Profit After Tax (PAT) reached Rs.79.37 crores, the highest recorded in recent periods. The Debtors Turnover Ratio for the half-year was also strong at 11.21 times, suggesting efficient collection processes.

Profitability and Earnings Trends

While the stock price has declined, the company’s profits have increased by 204.8% over the past year, with a net profit growth of 4.06% reported in the December 2025 quarter. The company has declared positive results for two consecutive quarters, indicating some improvement in earnings despite the broader challenges faced by the stock.

Institutional Investor Activity

Institutional investors have increased their stake in Indiabulls Limited by 2.12% over the previous quarter, now collectively holding 18% of the company’s shares. This increased participation by institutional players suggests a degree of confidence in the company’s fundamentals, given their greater resources and analytical capabilities compared to retail investors.

Summary of Key Metrics

To summarise, Indiabulls Limited’s stock has reached a 52-week low of Rs.9.23, reflecting a 33.29% decline over the past year. The company’s financial profile is characterised by a high leverage ratio, negative ROE, and a valuation premium relative to peers. Despite these headwinds, recent quarters have shown improved profitability and increased institutional ownership, which provide some context to the ongoing price movements.

The stock’s current Mojo Grade is Strong Sell, an upgrade from Sell on 3 Feb 2026, with a Mojo Score of 27.0. The Market Cap Grade stands at 4, indicating a relatively modest market capitalisation within its sector. The stock’s recent underperformance contrasts with the broader market, where the Sensex remains near its 52-week high and continues to trade above its 200-day moving average.

Investors and market participants will continue to monitor Indiabulls Limited’s financial disclosures and market performance closely as the company navigates its current challenges.

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