Citigroup Global Market Mauritus has bought 40 lakh shares of Housing Development and Infrastructure (HDIL) through open market route. The shares were purchased on an average price of Rs 94.05 valuing the transaction to Rs 37.62 crore. On the other hand, Unisuper has sold 23.01 lakh shares of the company for an average price of Rs 91.46 through open market route.
HDIL is a real estate development company. Its business activity comprises of construction and development of residential projects, commercial, retail and slum rehabilitation projects. It is also engaged in construction of special economic zone (SEZ).