Moving Averages crossover : The combination of medium and long term moving averages used to track the trend are in a bullish crossover. This is a very positive sign. This suggests that the downsides to this stocks may be minimal from current levels and the medium term trend is likely to remain positive.

Technical analyst Ashish Chaturmotha of IIFL Wealth has maintained 'buy' rating on Housing Development and Infrastructure Limited (HDIL) stock with a target of Rs 172.

According to analyst, the stock can be purchased with a stop loss of Rs 152.

The stock of the company, on February 28, closed at Rs 158 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 328 and a low of Rs 127 on BSE.

Current EPS & P/E ratio stood at 21.26 and 7.43 respectively.

Stock market analyst Mitesh Thacker has maintained 'buy' rating on Housing Development and Infrastructure Ltd (HDIL) stock to achieve a target that lies between Rs 272-278.

According to analyst, the interested investors can buy the stock with strict stop loss of Rs 252.

Mr. Thacher also said that the investors can achieve the said target in 2-3 trading sessions.

The stock of the company, on Sep 01, closed at Rs 259.05 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 410.80 and a low of Rs 205.05 on BSE.

Leading real estate Services Company Housing Development and Infrastructure Ltd has informed that it is planning to come up with more residential projects in the country in coming financial years.

The company has said that it has decided to launch 4-6 million square feet of residential projects in the current financial year. Earlier it has announced its quarterly financial results for its April-June quarter of the ongoing the fiscal year 2010-11.

Country’s leading real estate developer Housing Development and Infrastructure Limited (HDIL) has announced its fourth quarter financial results for the fiscal year 2009-10.

The company has posted a consolidated net profit of Rs 177.84 crore for the quarter that ended in 31st March, 2010.

The consolidated net profit was reported to be Rs 61.92 crore for the same quarter in the financial year 2008-09. This net profit figure has grown up by almost three fold in this quarter as compared to the same quarter in the last fiscal.

Stock market analyst Ashwani Gujral has maintained 'sell' rating on Housing Development and Infrastructure Ltd (HDIL) to achieve a target of Rs 311.

According to Mr. Gujral, interested investors can buy the stock with a strict stop loss of Rs 366.

Mr. Gujral said that after selling the stock, the interested investors can enter the stock again at a low price, for medium or long term prospective.

Today, the shares of the company opened at Rs 341.10 on the Bombay Stock Exchange (BSE).

Stock market analysts have maintained 'buy' rating on Housing Development and Infrastructure Ltd with an intraday target between Rs 345-348.

According to them, interested traders can purchase the stock above Rs 342 with a strict stop loss of Rs 339.

Shares of the company, on Thursday (Nov 05), closed at Rs 341.60 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 14.54 and 24.50 respectively. The share price has seen a 52-week high of Rs 410.80 and a low of Rs 62.50 on BSE.

Stock market analysts are of the view that investors can sell Housing Development and Infrastructure Ltd (HDIL) stock with a target price between Rs 321-318.

According to them, investors can sell the stock below Rs 325 with a strict stop loss of Rs 329.

If the stock fell below Rs 315, it may see more weakness.

Shares of the company, on Thursday (Oct 29), closed at Rs 329 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 410.80 and a low of Rs 62.50 on BSE. Current EPS & P/E ratio stood at 18.25 and 18.68 respectively.

Realty firm Housing Development & Infrastructure Ltd (HDIL) has decided to raise $600 million (about Rs 2,875.67 crore) through private placement of shares to qualified institutional buyers.

The company informed that its shareholders at the Extraordinary General Meeting (EGM) held on June 17, has approved a plan to raise up to US$600mn or its Indian Rupee equivalent through issue of equity shares under Qualified Institutions Placement (QIP) to select institutions.