DLF is currently trading at Rs. 164.50, up by 0.25 points or 0.15% from its previous closing of Rs. 164.25 on the BSE.
The scrip opened at Rs. 165.00 and has touched a high and low of Rs. 165.85 and Rs. 162.65 respectively. So far 436143 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. 100.00 on 16-Oct-2014.
Last one week high and low of the scrip stood at Rs. 165.20 and Rs. 139.20 respectively. The current market cap of the company is Rs. 29383.98 crore.
The promoters holding in the company stood at 74.91 % while Institutions and Non-Institutions held 20.18 % and 4.91 % respectively.
DLF, one of the largest real estate companies in India, has reportedly introduced a mega discount sale of its properties in cities across the country to drum up interest. The company is offering discounts in 16 projects across Delhi, Bengaluru, Chennai, Kochi, Lucknow, Panchkula, Bhubaneswar, Kasauli and New Chandigarh as part of its DLF Spring Festival that will end on March 31, 2015.
The company has been reeling under huge debts and is on a divestment spree to generate cash and focus on its core business of real estate. The company is also planning to launch REITs to reduce the debt of its rental arm and raise over Rs 3,000 crore through divestment or joint ventures in certain projects.
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.
