Friday 6 February 2015

HDIL jumps 5% on fund buying

The stock so far has soared 7.4 per cent to touch a high at Rs. 113. 



Housing Development & Infrastructure (HDIL) has witnessed a surge in trade today after foreign fund bought significant stake in the company yesterday.

According to reports, Janus Investment bought 2.2 million shares of the company at Rs. 106.08.

The stock so far has jumped 7.4 per cent to touch a high at Rs. 113. Now, the stock is up 5.9 per cent at Rs. 112.

The BSE counter has seen trades of around 3.4 million shares, as against its two-week daily average volume of 4.7 million shares .

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