DLF is currently trading at Rs. 183.70, up by 3.95 points or 2.20% from its previous closing of Rs. 179.75 on the BSE.
The scrip opened at Rs. 179.40 and has touched a high and low of Rs. 185.50 and Rs. 176.40 respectively. So far 876211 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 215.80 on 17-May-2017 and a 52 week low of Rs. 101.05 on 27-Dec-2016.
Last one week high and low of the scrip stood at Rs. 192.45 and Rs. 176.40 respectively. The current market cap of the company is Rs. 32737.41 crore.
The promoters holding in the company stood at 74.95%, while Institutions and Non-Institutions held 18.31% and 6.74% respectively.
DLF will accelerate development of commercial properties and may foray into cities like Mumbai and Bengaluru, pursuant to the joint venture deal with global investment firm GIC. The country’s largest realty firm also plans to follow the strategy of selling housing units after reaching an advanced stage of construction instead of marketing at pre-launch and launch stage.
DLF is one of India's biggest property developers. The company’s primary business is development of residential, commercial and retail properties. The company has a unique business model with earnings arising from development and rentals.
