Feb 29, 2012, 02.46 PM IST

HDIL surges 6% on selling land reports

Shares of HDIL (Housing Development and Infrastructure) shot up nearly 6% after sources reclaimed that the company sold its Andheri land for Rs 900 crore to Adani Group, reports CNBC-TV18.

Source: Moneycontrol.com
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Shares of HDIL (Housing Development and Infrastructure) shot up nearly 6% after sources reclaimed that the company sold its Andheri land for Rs 900 crore to Adani Group, reports CNBC-TV18. Both companies HDIL and Adani were not reachable for comments on this deal.


At 11:41 hours IST, the share was quoting at Rs 114.85, up Rs 2.10, or 1.86% after hitting an intraday high of Rs 119.35 and an intraday low of Rs 112.
 
It was the most active among top five shares with traded volumes of 4,391,916 shares on BSE and 18,978,604 on NSE.
 
In the previous trading session, the share closed up 13.77% or Rs 13.65 at Rs 112.75. Market capitalisation stands at Rs 4,812.26 crore.


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