Housing Development and Infrastructure (HDIL) is currently trading at Rs. 94.30, up by 4.55 points or 5.07% from its previous closing of Rs. 89.75 on the BSE.
The scrip opened at Rs. 90.55 and has touched a high and low of Rs. 94.80 and Rs. 90.50 respectively. So far 15,89,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 108.75 on 12-Jul-2016 and a 52 week low of Rs. 52.25 on 27-Dec-2016.
Last one week high and low of the scrip stood at Rs. 94.80 and Rs. 85.05 respectively. The current market cap of the company is Rs. 4,092.00 crore.
The promoters holding in the company stood at 36.49%, while Institutions and Non-Institutions held 46.29% and 17.23% respectively.
HDIL has launched a new project ‘The Nest’ at Mulund, Mumbai, under the affordable housing brand ‘Budget Homes’, having 263 units open for sale in phase 1 of the project.
Earlier in March, the company had received an approval for divesting its 100% shareholding of its wholly owned subsidiary company ‘Excel Arcade’. The Finance Committee of the board at its meeting held on March 4, 2017, had approved for the same.
HDIL is a real estate development company. Its business activity comprises of construction and development of residential projects, commercial, retail and slum rehabilitation projects. It is also engaged in construction of special economic zone (SEZ).
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NBCC (India) | 174.10 |
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