Business Daily from THE HINDU group of publications
Friday, Jul 27, 2007
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Business Daily from THE HINDU group of publications Friday, Jul 27, 2007 ePaper |
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Stocks Markets - Stock Markets Columns - Ear to the ground
Mumbai, July 26 The recently listed stock of Housing Development and Infrastructure Ltd has made handsome gains on the bourses following market rumours that the company has bagged a substantial amount of FSI near the prime airport area in Mumbai city. “The total land area is quite significant,” said market sources. The stock has appreciated sharply from its listing price of Rs 564.50 on the BSE on Tuesday. On Thursday, the stock closed at Rs 621.75, up Rs 41.65 or 7.18 per cent from its previous closing price. The volumes on both BSE and NSE have been considerably high with the total trading quantity on the BSE being 60.20 lakh shares and on the NSE 91.26 lakh shares. The company officials were, however, unavailable for comment despite several attempts. Namrata Gada
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