The intrinsic value of the partly paid shares is calculated by subtracting the pending instalment payment from the Thursday closing price of Indiabulls Housing Finance, resulting in the value of ₹88.75. The closing price of Indiabulls Housing on Thursday was ₹188.75, and the instalment to be paid is ₹100 per share.
AI stocks retreat as Democratic sweep puts data centre boom in focus
AI-related stocks came under pressure on Wednesday despite a broader Wall Street rally following the Democratic sweep of Congress. Data centre companies CoreWeave, Iren and