Housing Development and Infrastructure (HDIL) is currently trading at Rs. 101.75, up by 0.55 points or 0.54 % from its previous closing of Rs. 101.20 on the NSE.
The scrip opened at Rs. 101.95 and has touched a high and low of Rs 102.40 and Rs 100.75 respectively. So far 137,13,197 shares were traded on the counter.
The stock of face value Rs 10 has touched a 52 week high of Rs. 113.80 on 09-June-2014 and a 52 week low of Rs. 26.10 on 07-Aug-2013.
Housing Development and Infrastructure (HDIL) has entered into definitive agreement with respect to transfer of its 100% shareholding of its wholly owned subsidiary company, HDIL Entertainment to Carnival Films.
As per the agreement, the company will divest its 100% shareholding in the subsidiary company thereby handing over the operations of its chain of multiplex business across India.
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).