Key Developments: Housing Development and Infrastructure Ltd (HDIL.NS)

HDIL.NS on National Stock Exchange of India

107.20INR
27 Apr 2015
Change (% chg)

Rs-8.25 (-7.15%)
Prev Close
Rs115.45
Open
Rs116.20
Day's High
Rs116.65
Day's Low
Rs105.55
Volume
13,809,418
Avg. Vol
17,630,090
52-wk High
Rs143.30
52-wk Low
Rs58.80

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Latest Key Developments (Source: Significant Developments)

Housing Development & Infrastructure Ltd to divest 100 pct. shareholding in subsidiary company
Thursday, 3 Jul 2014 

Housing Development & Infrastructure Ltd:Enters into definitive agreements with respect to transfer of its 100 pct. shareholding of its wholly owned subsidiary company, viz HDIL Entertainment Private Ltd to Carnival Films Private Ltd.As per agreement the company will divest its 100 pct. shareholding in subsidiary company thereby handing over operations of its chain of multiplex business across India.  Full Article

Housing Development & Infrastructure Ltd to sell land parcels in Mumbai, Hyderabad-Business Standard
Monday, 26 May 2014 

Housing Development & Infrastructure Ltd:Plans to raise up to 18.00 bln Indian Rupees this fiscal by selling stakes in some of its assets to partly repay its debt by around 6.00-7.00 bln Indian Rupees in FY 2015-Business Standard.The realty firm wants to sell off its 100-acre land parcel in Hyderabad and some of its commercial projects in Mumbai.  Full Article

Housing Development & Infrastructure Ltd appoints new CFO
Friday, 14 Feb 2014 

Housing Development & Infrastructure Ltd:Promotes K. P. Devassy as group chief financial officer of the group HDIL.Appointed Darshan Majmudar as chief financial officer in addition to his duties as company secretary of the company.  Full Article

Housing Development & Infrastructure Ltd To Sell Land In Kochi To Mobilse Funds-Business Standard
Wednesday, 5 Jun 2013 

Business Standard reported that Housing Development & Infrastructure Ltd is looking to sell 70 acres of land in Kochi in Kerala to mobilise resources. According to an analyst The Company is been selling development rights and land parcels to reduce its debt and fund projects and it is a part of Company's strategy to mobilise funds.  Full Article

BUZZ-Foreign funds buy India's HDIL since RBI's surprise rate cut

** Housing Development & Infrastructure Ltd's stock up 56 pct YTD, outperforming a 5.2 pct gain in the NSE index

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