HDIL to consider conversion of warrants on Mar 31, 2010

Housing Development & Infrastructure Ltd (HDIL) has announced that a meeting of the Board of Directors of the Company will be held on March 31, 2010, inter alia, to consider various matters including conversion of warrants into equity shares to the promoters.

The stock closed the day at Rs.286.05, up by Rs.1.35 or 0.47%. The stock hit an intraday high of Rs.290.30 and low of Rs.284.

The total traded quantity was 1190567 compared to 2 week average of 1494362.

Source : Equity Bulls

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