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DLF rises on the buzz of getting nod to raise up to Rs 5,000 crore via NCDs

11 Sep 2014 Evaluate

DLF is currently trading at Rs. 177.85, up by 1.15 points or 0.65% from its previous closing of Rs. 176.70 on the BSE.

The scrip opened at Rs. 177.30 and has touched a high and low of Rs. 178.95 and Rs. 175.85 respectively. So far 185575 shares were traded on the counter.

The BSE group 'A ' stock of face value Rs. 2 has touched a 52 week high of Rs. 242.80 on 09-Jun-2014 and a 52 week low of Rs. 127.35 on 01-Oct-2013.

Last one week high and low of the scrip stood at Rs. 178.95 and Rs. 161.70 respectively. The current market cap of the company is Rs. 31822.60 crore.

The promoters holding in the company stood at 74.92% while Institutions and Non-Institutions held 20.36% and 4.72% respectively.

DLF, country’s largest real estate developer, has reportedly received its shareholders' approval to raise up to Rs 5,000 crore through private placement of non-convertible debentures (NCDs). The shareholders have given approval to reduce borrowing power of the company’s board of directors to Rs 30,000 crore from earlier Rs 50,000 crore.

The company operates some of its businesses through subsidiaries, joint ventures, affiliates and associates. The company has also received shareholders' approval to invest up to Rs 20,000 crore in its subsidiaries, joint ventures and associates.

DLF is one of India’s largest real estate companies that has over 60 years of track record of sustained growth, customer satisfaction, and innovation. The company has 314 msf of planned projects with 52 msf of projects under construction.

DLF Share Price

607.70 11.85 (1.99%)
21-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Lodha Developers 875.75
Dilip Buildcon 450.60
DLF 607.70
Oberoi Realty 1724.10
Ahluwalia Contract(I 866.35
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