MoneyWorks4Me

DLF is currently trading at Rs. 215.40, up by 1.95 points or 0.91 % from its previous closing of Rs. 213.45 on the BSE.

The scrip opened at Rs. 217.40 and has touched a high and low of Rs. 217.80 and Rs. 213.20 respectively. So far 527605 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 217.80 on 06-Nov-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. 217.80 and Rs. 183.85 respectively. The current market cap of the company is Rs. 38464.26 crore.

The promoters holding in the company stood at 74.95%, while Institutions and Non-Institutions held 17.98% and 7.07% respectively.

The Competition Commission of India (CCI) has approved Singapore’s sovereign wealth fund GIC’s plan to acquire 33% stake in DLF Cyber City Developers (DCCDL), rental arm of DLF, for Rs 8,900 crore.

Under the deal, GIC’s subsidiary Reco Diamond will acquire 33.34% stake in DCCDL, held by the realty major’s promoters -- Rajdhani Investments & Agencies, Buland Consultants and Investments, Sidhant Housing and Development Company.

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.

Peers
Company Name CMP
Lodha Developers 1085.80
Prestige EstatesProj 1427.85
Dilip Buildcon 405.85
DLF 623.00
Oberoi Realty 1710.20
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