Meanwhile, the S&P BSE Sensex was up 89.06 points or 0.26% at 33,792.65. The S&P BSE Small-Cap index fell 0.17%, underperforming the Sensex.

On the BSE, 7.49 lakh shares were traded on the counter so far as against average daily volumes of 25.53 lakh shares in the past one quarter. The stock had hit a high of Rs 52.50 and a low of Rs 50.45 so far during the day. The stock had hit a 52-week high of Rs 101.85 on 16 May 2017 and a 52-week low of Rs 45.10 on 9 August 2017.

The stock had underperformed the market over the past one month till 20 February 2018, sliding 15.57% compared with the Sensex's 5.09% fall. The stock had also underperformed the market over the past one quarter, declining 20.09% as against the Sensex's 1.03% rise. The scrip had also underperformed the market over the past one year, falling 21.49% as against the Sensex's 17.59% rise.

The small-cap company has equity capital of Rs 434 crore. Face value per share is Rs 10.

The National Stock Exchange of India (NSE) in a circular dated 20 February 2018 said that the contracts for new expiry months in Housing Development and Infrastructure (HDIL) scrip will not be issued on expiry of existing contract months.

However, the existing unexpired contracts of expiry months February 2018, March 2018 and April 2018 would continue to be available for trading till their respective expiry and new strikes would also be introduced in the existing contract months, NSE said. Accordingly, no contracts shall be available for trading in HDIL with effect from 27 April 2018.

On a consolidated basis, HDIL's net profit fell 52.9% to Rs 18.96 crore on 11.8% decline in net sales to Rs 99.10 crore in Q3 December 2017 over Q3 December 2016.

HDIL is a real estate development company, with significant operations in the Mumbai Metropolitan Region.