Housing Development and Infrastructure, HDIL touched an intraday high of Rs 300.80 and an intraday low of Rs 281.55. At 2:23 pm the share was quoting at Rs 299.50, up Rs 22.60, or 8.16%.

The company is going to launch commercial project in Kochi spread across 80 acres area. It expects revenue of Rs 2,500 crore in 4 years, reports CNBC-TV18.

It was trading with volumes of 6,704,479 shares. Yesterday the share closed up 5.73% or Rs 15 at Rs 276.90.