The Board of directors of HLV Limited has accorded its consent for sale of land owned by the Company in Hyderabad on "as is where is basis" wherein the purchaser shall take care of all the disputes related to land either by way of settlement or litigation and after the settlements, the Company expects to receive Rs. 40 crores from the purchaser over a period of nine months to twelve months.
Shares of HLV LTD. was last trading in BSE at Rs.3.43 as compared to the previous close of Rs. 3.12. The total number of shares traded during the day was 13154 in over 19 trades.
The stock hit an intraday high of Rs. 3.43 and intraday low of 3.2. The net turnover during the day was Rs. 44925.