HDIL touches all-time low, slips 4.5%

Mumbai-based real estate firm Housing Development and Infrastructure (HDIL) lost as much as 6.3 percent intraday to touch a record low of Rs 43.65 on Tuesday.

March 26, 2013 / 15:08 IST

Mumbai-based real estate firm Housing Development and Infrastructure (HDIL) lost as much as 6.3 percent intraday to touch a record low of Rs 43.65 on Tuesday.

Shares tanked nearly 33 percent in past one month and nearly 60 percent in three months, especially after one of its promoter sold some stake and rating agency CARE downgraded the company's NCDs.

At 14:56 hours IST, the stock was down 4.5 percent to Rs 44.50 on Bombay Stock Exchange.

Market capitalisation of the company currently stands at Rs 1,864.57 crore.

first published: Mar 26, 2013 03:08 pm

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