HDIL dips on stake sale by Nomura
On June 11, Nomura sold 2.09 million equity shares of HDIL at Rs 105.95 per share via a block deal on the NSE.
 "HDIL dips on stake sale by Nomura")
Housing Development and Infrastructure (HDIL) has dipped 4% to Rs 96.35, extending its previous day’s 9% fall, after Nomura Singapore offloaded more than two million shares of the Mumbai-based real estate firm through an open market transaction.
On June 11, the brokerage house sold 2.09 million equity shares, representing 0.50% stake in the company, at Rs 105.95 per share via a block deal, the NSE data shows.
Nomura sold almost half of its holding in HDIL, which it bought two months back via open market purchase.
On April 4, Nomura bought 4.41 million equity shares, representing 1.05% stake in the company, at Rs 67.45 per share via a block deal.
The stock opened at Rs 100 on NSE and has seen a combined 3.54 million shares changing hands on the counter on NSE and BSE.
On June 11, the brokerage house sold 2.09 million equity shares, representing 0.50% stake in the company, at Rs 105.95 per share via a block deal, the NSE data shows.
Nomura sold almost half of its holding in HDIL, which it bought two months back via open market purchase.
On April 4, Nomura bought 4.41 million equity shares, representing 1.05% stake in the company, at Rs 67.45 per share via a block deal.
The stock opened at Rs 100 on NSE and has seen a combined 3.54 million shares changing hands on the counter on NSE and BSE.