Housing Development and Infrastructure (HDIL) is trading higher by 6% to Rs 73.75, extending its Friday’s 16% rally, after Nomura Singapore Limited acquired nearly 1 percentage point stake in the Mumbai-based real estate firm through an open market transaction.
On April 4, the brokerage house purchased 4.41 million equity shares, representing 1.05% stake in the company, at Rs 67.45 per share via a block deal, the NSE data shows.
On March 27, Kotak Securities had purchased 2.13 million shares of the real estate firm, constituting 0.5% stake at Rs 51.56 per share.
The stock opened at Rs 69 and touched a fresh 52-week high of Rs 73.80 on the NSE. A combined 13.35 million shares changed hands on the counter so far on the NSE and BSE.
On April 4, the brokerage house purchased 4.41 million equity shares, representing 1.05% stake in the company, at Rs 67.45 per share via a block deal, the NSE data shows.
On March 27, Kotak Securities had purchased 2.13 million shares of the real estate firm, constituting 0.5% stake at Rs 51.56 per share.
The stock opened at Rs 69 and touched a fresh 52-week high of Rs 73.80 on the NSE. A combined 13.35 million shares changed hands on the counter so far on the NSE and BSE.