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DLF advances on receiving CCI approval for proposed JV

DLF Ltd. | Construction - Real Estate | Construction & Infrastructure | BSE: 532868 | NSE: DLF

17 Nov 2015 Evaluate

DLF is currently trading at Rs. 112.10, up by 2.10 points or 1.91% from its previous closing of Rs. 110.00 on the BSE.

The scrip opened at Rs. 111.60 and has touched a high and low of Rs. 113.20 and Rs. 111.25 respectively. So far 437900 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 179.00 on 04-Feb-2015 and a 52 week low of Rs. 93.00 on 24-Aug-2015.

Last one week high and low of the scrip stood at Rs. 115.00 and Rs. 108.20 respectively. The current market cap of the company is Rs. 19961.40 crore.

The promoters holding in the company stood at 74.86%, while Institutions and Non-Institutions held 19.83% and 5.30% respectively.

DLF and GIC, Singapore’s sovereign wealth fund, have received an approval from the Competition Commission of India (CCI) for their proposed joint venture (JV). Pursuant to receipt of this approval, both parties are initiating the necessary steps to successful closing their transaction.

Earlier on September 02, 2015, DLF’s wholly-owned subsidiary - DLF Home Developers (DHDL), had entered into a JV with GIC, Singapore’s sovereign wealth fund, to invest in two upcoming projects located in Central Delhi. Both projects will be developed under DHDL. GIC will invest a sum of approximately Rs 1,990 crore.

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 288 million square feet (approximately) of development potential with 45 million square feet of projects under construction.

DLF Share Price

601.80 12.10 (2.05%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Lodha Developers	871.70
Dilip Buildcon	457.55
DLF	601.80
Oberoi Realty	1710.00
Ahluwalia Contract(I	832.90
View more..

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DLF advances on receiving CCI approval for proposed JV

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