HDIL gains 4% on Citigroup stake buy

On June 27, Citigroup Global Markets Mauritius bought 4 million shares of HDIL at Rs 94.05 a share on the NSE.

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SI Reporter Mumbai
Last Updated : Jun 30 2014 | 12:46 PM IST
Housing Development & Infrastructure Ltd (HDIL) has moved higher by 4% to Rs 100 Citigroup bought 4 million shares of the Mumbai-based real estate developer for about Rs 38 crore through open market.

On June 27, 2014 Citigroup Global Markets Mauritius Pvt Ltd bought 4 million shares representing 0.96% stake in the company at Rs 94.05 a share, the NSE bulk deal data shows.

Meanwhile, Unisuper Limited as Trustee for Unisuper sold 2.3 million of HDIL at Rs 91.46 on the NSE, data shows.

The stock opened at Rs 97.90 and hit a high of Rs 101.20 on NSE. A combined 14.26 million shares changed hands on the counter so far on NSE and BSE.
 
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First Published: Jun 30 2014 | 12:44 PM IST

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