Credit Suisse (Singapore) has bought 21.42 lakh shares of Housing Development and Infrastructure (HDIL) through open market route. The shares were purchased on an average price of Rs 73.81 valuing the transaction to Rs 15.81 crore.
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).
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