Housing Development & Infrastructure jumped 7.08% to Rs 118 at 14:42 IST on BSE, after consolidated net profit surged 1219.4% to Rs 67.29 crore on 301.1% rise in total income to Rs 359.48 crore in Q3 December 2014 over Q3 December 2013.
The result was announced on Saturday, 14 February 2015.
Meanwhile, the S&P BSE Sensex was up 183.01 points or 0.63% at 29,277.94
On BSE, so far 27.15 lakh shares were traded in the counter as against average daily volume of 25.55 lakh shares in the past one quarter.
The stock hit a 52-week high of Rs 118.95 in intraday trade today, 16 February 2015. The stock hit a low of Rs 114.30 so far during the day. The stock had hit a 52-week low of Rs 39.25 on 14 February 2014.
The stock had outperformed the market over the past one month till 13 February 2015, rising 64.11% compared with Sensex's 6.09% rise. The scrip also outperformed the market in past one quarter, advancing 26.74% as against Sensex's 4.13% rise.
The mid-cap company has equity capital of Rs 419 crore. Face value per share is Rs 10.
HDIL is engaged in real estate development business.
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