Thursday, January 24, 2013

HDIL LOSES 34% IN 3 DAYS


According to a report in the Business Standard, the stock fell 14 percent yesterday as institutional investors offloaded after Managing Director Sarang Wadhawan cut his stake to 0.99 percent from 2.19 percent.
The bulk deal data on NSE shows that Citigroup Global Markets Mauritius Private Ltd sold 4.93 million shares of HDIL at Rs 100.60 Yesterday.

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