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DLF shines on raising Rs 3,173 crore through QIP

29 Mar 2019 Evaluate

DLF is currently trading at Rs. 200.35, up by 6.40 points or 3.30% from its previous closing of Rs. 193.95 on the BSE.

The scrip opened at Rs. 196.00 and has touched a high and low of Rs. 206.55 and Rs. 194.00 respectively. So far 1112045 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 226.00 on 30-Apr-2018 and a 52 week low of Rs. 141.20 on 19-Oct-2018.

Last one week high and low of the scrip stood at Rs. 205.00 and Rs. 188.15 respectively. The current market cap of the company is Rs. 39687.81 crore.

The promoters holding in the company stood at 74.95 % while Institutions and Non-Institutions held 18.06 % and 7.00 % respectively.

DLF has raised Rs 3,173 crore by selling shares to institutional investors through its qualified institutional placement (QIP) offer. The company would utilise this amount mainly to prepay debt, which stood at around Rs 7,000 crore at the end of December 2018.

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.

DLF Share Price

600.25 -1.55 (-0.26%)
20-Apr-2026 12:52 View Price Chart
Peers
Company Name CMP
Lodha Developers 864.25
Dilip Buildcon 457.25
DLF 600.25
Oberoi Realty 1705.00
Ahluwalia Contract(I 840.65
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