HDIL Shares Gain After Citigroup Buys 4 Million Shares

Shares in Housing Development & Infrastructure Ltd rose in early trades after Citigroup bought shares in the company on Friday, traders said.

Citigroup Global Markets Mauritius Pvt Ltd bought 4 million shares in the company or about 0.96 per cent of the equity, in a block deal on Friday, exchange data showed.

Shares in the company were up 3.1 per cent at Rs 100.05 as of 10:25 a.m.

Copyright: Thomson Reuters 2014

Unlock this article for free
Sign up to access exclusive stories, fewer ads, and a personalised experience.
Set as Trusted Source
on Google Search