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HARIPRAKASH PANDEY
Despite a 78% erosion in market value, this stock still has strong FII backing; here’s whyThe company's sales for FY16 stood at Rs 1,153.56 crore, which was nowhere near the Rs 2,380.45 crore sales that the company reported for F...- At pricing point we do not see any competition and neither there is supply: Hariprakash Pandey, HDIL"We are looking at in Mumbai suburb is to sell an apartment below 50 lakhs all inclusive of stamp duty and registration."
- HDIL gains 5%, up 12% in 2 days on Rs 650 cr land saleShares of HDIL climbed over 5 per cent on Tuesday, taking its two-day gains to nearly 12 per cent.
- Realty firms expect a spur in housing demand following RBI's rate cutRBI's decision to cut rates is likely to reduce borrowing cost for both home buyers as well as developers leading to increase in housing de...
- Realty players hail Bill to curb benami transactionsYesterday, the Cabinet approved the new Benami Transaction (Prohibition) Bill which aims at curbing the generation of domestic black money.
- HDIL puts 113-acre land parcel in Gujarat on block"The company's decision is in line with its philosophy of exiting non-core assets and focusing on debt reduction," the company said in a st...
- Realty industry hails rate cut by RBIThe Reserve bank of India reduced the repo rate by 25 basis points from 7.75 per cent to 7.5 per cent with immediate effect.
- Budget failed to offer incentives to affordable housing sectorThe affordable housing sector was expecting that the Modi govt, like last time, would extend some support to it and iron out the difficulti...
- Budget 2015: Property prices to rise marginally on hike in service taxDevelopers and property consultants however hailed further tax incentives on Real Estate Investment Trust (REITs).
- HDIL's consolidated profit zooms to Rs 65.29 cr in December quarterThe company today reported a four-fold a rise in total sales during the period under review to Rs 359.50 crore from Rs 89.63 crore in the c...
- HDIL posts 35.5 per cent rise in Q2 net profit at Rs 57.86 croreIts total income for the July-September quarter declined 31.32 per cent to Rs 304.84 crore from Rs 443.90 crore in the same quarter in FY14.
- Housing Development and Infrastructure back in black: Q4 Net at Rs 113.52 crore, revenue up 67 per centFor the entire year (FY14), HDIL's net profit shot up 142 per cent to Rs 177.57 crore from Rs 73.33 crore in FY13. Revenue, however, fell t...
- HDIL promoter sold stake to fund Byculla plot acquisitionHDIL’s promoter Sarang Wadhawan’s 50-lakh share sale last month was an effort to make partial payment for a plot in Byculla.
- Realty developer Housing Development Infrastructure promoter sold shares to fund land buyFollowing the news of minor stake sale by Wadhawan raising Rs 57 crore, shares of HDIL had declined for three straight sessions in January.
- Company is not going bankrupt: HDIL"Share sale decision was taken by promoters & proceeds will be used to meet payment commitments," V-P Finance said.
- HDIL dismisses rumors of bankruptcy; stock tanks over 30% in 3 daysShares in HDIL extended their fall for the fourth straight day to mark losses of over 30 per cent in three trading sessions.
- HDIL Q1 net down 44%; to generate 2 million sq ft TDRs in next one yearProperty redevelopment major Housing Development and Infrastructure Ltd has reported 44% year-on-year drop in net profit at Rs 105.38 crore...
- HDIL aims to sell 15-20 mn sq ft FSI in 15-18 monthsHousing Development and Infrastructure is aiming to sell 15-20 million sq ft of floor space index from its land bank in Vasai-Virar region ...
- Now, Sobha, HDIL to go the QIP wayHDIL is planning to raise around Rs 2,000 crore and Sobha Developers Rs 1,000 crore through QIPs.
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