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Eveready, HDIL in land deal
Kolkata, Aug. 29
Eveready Industries India Ltd has entered into a Memorandum of Understanding with Housing Development & Infrastructure Ltd for the transfer and/or assignment of its right, title and interest under a lease for land at Navi Mumbai for the residue unexpired period of the lease, subject to necessary clearances, approvals, at a consideration of Rs 115 crore, according to EIIL sources. Eveready stock finished marginally lower at Rs 54.65 (Rs 54.90), but some 5.49 lakh shares
changed hands on the BSE against the counter’s average daily volume in the last two weeks of 68,624 shares. Shares of HDIL also slipped marginally to end at Rs 540.7 (Rs 541.95) with improved volumes of 11.28 lakh shares against its two-week average of 10.81 lakh shares. – Our Bureau
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