DLF is currently trading at Rs. 85.70, up by 0.70 points or 0.82% from its previous closing of Rs. 85.00 on the BSE.
The scrip opened at Rs. 84.00 and has touched a high and low of Rs. 86.00 and Rs. 83.50 respectively. So far 385309 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 169.15 on 06-Apr-2015 and a 52 week low of Rs. 72.50 on 12-Feb-2016.
Last one week high and low of the scrip stood at Rs. 90.40 and Rs. 83.35 respectively. The current market cap of the company is Rs. 15309.02 crore.
The promoters holding in the company stood at 74.99% while Institutions and Non-Institutions held 18.70% and 6.31% respectively.
In a bid to increase rental revenues from Rs 2,400 crore now to Rs 3,000 crore by the end of the next financial year, DLF is targeting to increase its office and retail supply to 36-40 million sq ft in the next two to three years. Currently, its office and retail space covers around 31 million sq ft, of which two million is vacant.
The company is planning four million sq ft of new office space in Gurgaon and Chennai in the next two to three years. It has also started evaluating projects in Pune and Hyderabad, to add another three million sq ft.
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.
