The Sameer Gehlaut effect? Why multibagger stock Indiabulls share price has rallied 145% in 3 months
Awaiting price reaction for this filing.
Indiabulls shares have surged 185% from a 52-week low of Rs 8.93 in February 2026 to Rs 25.50 in June 2026, with a 145% gain in the last three months. The rally is driven by an NCLT-approved composite scheme that consolidated 17 group entities into a single listed company, renamed Indiabulls Limited in October 2025, alongside a return of founder Sameer Gehlaut with promoter stake rising to 32.89% (expected to reach nearly 45% on warrant conversion). FY26 revenue grew 63% to Rs 880.78 crore and the company swung to a profit of Rs 346.13 crore from a loss of Rs 272.73 crore, supported by a real estate pipeline with gross development value exceeding Rs 21,000 crore and a proposed Rs 1,000.07 crore preferential warrant issue.