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HDIL rallies on FII buying

On Feb 5,Janus Investment Fund A/c Janus Overseas Fund bought 2.5 million shares of HDIL at Rs 106.08 a share on NSE.

SI Reporter Mumbai
Last Updated : Feb 06 2015 | 12:31 PM IST
Shares of Housing Development & Infrastructure Ltd (HDIL) has rallied 6% to Rs 112 on NSE in otherwise subdued market after the foreign institutional investor (FII) acquired stake in the company through open market.

On Thursday, February 5, 2015 Janus Investment Fund A/c Janus Overseas Fund bought 2.5 million shares of the Mumbai-based real estate developer at Rs 106.08 a share, the NSE bulk deal data shows.

The stock opened at Rs 107 and hit a high of Rs 113 on NSE. A combined 19.96 million shares changed hands on the counter till 1227 hours on NSE and BSE.
 

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First Published: Feb 06 2015 | 12:29 PM IST

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