Is HDIL a good stock to buy?
HDIL is trading in the lower range of yearly prices. HDIL is trading in the lower range of the quarterly prices….
| Downside intraday target | 2.34 |
|---|---|
| Downside intraday target | 2.37 |
| Upside short term target | 3.86 |
| Upside mid term target | 7.41 |
| Upside long term target | 15.34 |
Can we buy HDIL share?
You can easily buy HDIL shares in Groww by creating a demat account and getting the KYC documents verified online.
Why is HDIL share down?
Shares of HDIL extended its losses on Wednesday as it fell nearly 5 per cent and hit its lower circuit limit after reports that Mumbai Police’s Economic Offences Wing may include the auditors of the bankrupt company in the ongoing probe of PMC Bank scam.
What is HDIL?
Housing Development and Infrastructure Ltd (HDIL) is one of the premier real estate development companies in India and is actively pursuing on the development of real estate and slum rehabilitation projects in Mumbai Metropolitan region.
Did Adani buy HDIL?
The stock has gained 13 per cent in the last 5 trading sessions since the name of Adani Group merged with HDIL. Adani Properties, the company of country’s veteran businessman Gautam Adani, has joined the race to buy Mumbai’s bankrupt real estate company Housing Development Infrastructure Limited (HDIL).
What happened to HDIL?
NEW DELHI: Housing Development and Infrastructure Ltd (HDIL), the Mumbai-based real estate company undergoing the corporate insolvency resolution process, is likely to be liquidated after no bidders showed interest in acquiring the stressed company.
Who is buying HDIL?
What is the news about HDIL?
The Supreme Court on Friday stayed the Bombay High Court order directing sale of bankrupt Housing Development and Infrastructure Ltd (HDIL) to ensure repayment of dues of crisis-hit Punjab and Maharashtra Cooperative Bank.
What is the business of HDIL?
Housing Development and Infrastructure (HDIL), a real estate development company, was established in 1996. Its business activity comprises of construction and development of residential projects, commercial, retail and slum rehabilitation projects. It is also engaged in construction of special economic zone (SEZ).
Who will buy HDIL?
Who owns HDIL?
Rakesh Kumar Wadhawan
Rakesh Kumar Wadhawan is Executive Chairman, founder and one of the promoters of the HDIL Group. He has over 30 years of experience in the real estate and infrastructure industry. He is a member of many industry organisations and has actively participated in international housing-related seminars.
Is HDIL and Dhfl related?
His two sons are Rajesh Wadhawan and Rakesh Wadhawan. Two two main Wadhawan Group companies are Housing Development and Infrastructure Ltd (HDIL) and Dewan Housing Finance Ltd (DHFL). As of now, late Rajesh’s sons – Dheeraj and Kapil control DHFL while Rakesh and his son Sarang control HDIL.