Meanwhile, the S&P BSE Sensex was up 272 points or 1.08% at 25,371.92

On BSE, so far 16.93 lakh shares were traded in the counter as against average daily volume of 37.64 lakh shares in the past one quarter.

The stock hit a high of Rs 100.95 and a low of Rs 97.75 so far during the day. The stock hit a 52-week high of Rs 113.85 on 9 June 2014. The stock hit a record low of Rs 26.10 on 6 August 2013.

The stock had outperformed the market over the past one month till 27 June 2014, rising 5.79% compared with 2.24% rise in the Sensex. The scrip had also outperformed the market in past one quarter, gaining 79.94% as against Sensex's 12.99% rise.

The mid-cap company has equity capital of Rs 419 crore. Face value per share is Rs 10.

Foreign fund Citigroup Global Markets Mauritus bought 40 lakh shares or 0.95% stake in Housing Development & Infrastructure (HDIL) at an average price of Rs 94.05 per share in a bulk deal on NSE on Friday, 27 June 2014. Unisuper as Trustee for Unisuper sold 23.01 lakh shares at an average price of Rs 91.46 per share in a bulk deal on NSE on Friday, 27 June 2014, NSE data showed.

On a consolidated basis, HDIL reported net profit of Rs 113.52 crore in Q4 March 2014 as compared to net loss of Rs 279.95 crore in Q4 March 2013. Net sales rose 47% to Rs 205.30 crore in Q4 March 2014 over Q4 March 2013.

HDIL is engaged in real estate development business.