Multibagger stock: Indiabulls share price zooms 5% to its 52-week high following stock market rally

Indiabulls shares surged 5% to a 52-week high of ₹29.50, extending the rally to 230% from its February 2026 low of ₹8.93. The stock's gains are underpinned by founder Sameer Gehlaut's return to the group's ownership structure, a merger completed in November 2025 that lifted promoter stake from 27.46% to 32.89%, and a proposed ₹1,000.07 crore preferential warrant issue in which promoter entities will subscribe to 71% of the issue. Broader markets were also buoyant, with the Sensex up 655 points and Nifty up 202 points, supported by easing crude prices, strong IT and metal buying, tapering FII outflows, and a softer US jobs report boosting Fed cut expectations.