Meanwhile, the S&P BSE Sensex was down 55.73 points or 0.18% at 31,215.55. The S&P BSE Mid-Cap index was up 34.99 points or 0.24% at 14,835.84.

On the BSE, 22.28 lakh shares were traded on the counter so far as against the average daily volumes of 22.66 lakh shares in the past one quarter. The stock had hit a high of Rs 92.30 and a low of Rs 88.30 so far during the day. The stock had hit a 52-week high of Rs 108.75 on 12 July 2016 and a 52-week low of Rs 52.25 on 27 December 2016.

The stock had underperformed the market over the past one month till 7 June 2017, falling 4.22% compared with 4.47% rise in the Sensex. The scrip, however, outperformed the market in past one quarter, surging 30.23% as against Sensex's 8.10% rise. The scrip, however, underperformed the market in past one year, falling 4.12% as against Sensex's 15.73% rise.

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

As per reports, Central Bank of India has taken symbolic possession of HDIL's property in Kurla West. The property is a 10-acre portion of all pieces and parcels of land and premises admeasuring 2.13 lakh square metres. The bank is carrying out the procedures required under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, reports indicated. The bank had issued a public notice on 1 June 2017, asking HDIL to pay the loan amount, reports added.

Shares of Housing Development & Infrastructure (HDIL) had gained 4.23% to settle at Rs 93.60 on 5 June 2017 after a foreign fund Societe Generale bought 25.32 lakh shares of the company at Rs 92.04 per share in a bulk deal on NSE.

HDIL's consolidated net profit rose 28% to Rs 60.89 crore on 61.62% slide in net sales to Rs 129.51 crore in Q4 March 2017 over Q4 March 2016.

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