HDFC acquires 5.46% stake in Xanadu

Housing Development Finance Corporation Ltd (HDFC) has on June 28, 2023, acquired 612 equity shares of Xanadu Realty Limited (Xanadu) representing 5.46% of its paid-up equity share capital upon conversion of 938 compulsorily convertible debentures held by it in Xanadu.

Xanadu is engaged in sales, marketing and project management consulting services for real estate. Xanadu advises and assists real estate developers in providing strategic sales related and go-to-market guidance, and marketing operations services to garner their business and assist them in the market launch in respect of their real estate projects. planning, visualization and quality delivery.

Shares of Housing Development Finance Corporation Limited was last trading in BSE at Rs. 2762.50 as compared to the previous close of Rs. 2719.35. The total number of shares traded during the day was 148242 in over 6326 trades.

The stock hit an intraday high of Rs. 2781.00 and intraday low of 2723.10. The net turnover during the day was Rs. 405760910.00.

Source : Equity Bulls

Keywords

HousingDevelopmentFinanceCorporation INE001A01036 HDFC HousingFinance XanaduRealty