HDIL gains nearly 7% on Nomura Singapore stake buy

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HDIL gains nearly 7% on Nomura Singapore stake buy
Shares of Housing Development and Infrastructure (HDIL) rose nearly 7 per cent in early trade on Bombay Stock Exchange (BSE) after Nomura Singapore Limited acquired nearly 1 percentage point stake in the Mumbai-based real estate firm through an open market transaction.

The shares of company rose as much as 6.70 per cent to trade at Rs 74.15 a piece on the BSE. In a similar fashion, shares of the company rose 6.17 per cent to Rs 73.95 a piece on National Stock Exchange.

Meanwhile, the broader benchmark Sensex was quoting at 22,364.69, up 5.19 points or 0.02 per cent at 10:28 hours.

Dion Global Solutions Ltd.

Story first published: Monday, April 7, 2014, 12:46 [IST]
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