DLF is currently trading at Rs 182.50, up by 4.90 points or 2.76 % from its previous closing of Rs 177.60 on the BSE.
The scrip opened at Rs 176.80 and has touched a high and low of Rs 183.65 and Rs 175.15 respectively. So far 60100 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs 397.35 on 04-Oct-2010 and a 52 week low of Rs 173.40 on 17-Aug-2011.
Last one week high and low of the scrip stood at Rs 209.75 and Rs 173.40 respectively. The current market cap of the company is Rs 30,980 crore.
The promoters holding in the company stood at 78.63 % while Institutions and Non-Institutions held 15.36 % and 6.01 % respectively.
Realty major, DLF has been imposed Rs 600 crore penalty by competition watchdog CCI for abusing its dominant market position. As DLF has been proven guilty of violating section 4(2) of the Competition Act, 2002, the penalty, which amounts to 7 percent of the company's average annual turnover of last three years, was imposed on it.
A company violates Section 4(2) (a) of the Competition Act when it directly or indirectly imposes unfair or discriminatory conditions or prices with respect to the purchase or sale of goods or services. Last year in May, on the basis of complaints by some people who booked flats in DLF projects, the CCI had referred the matter for a probe by the Director General (Investigations).
According to one such complaint, in 2009, DLF had promised to complete its residential project in Gurgaon, called Belaire, but buyers are yet to get possession. In addition, DLF has increased the number of floors in the apartment complex from the original figure given to buyers. This led to the number of apartments in Belaire increasing to 564 from 384.
The company’s net profit for the quarter ended June 30, 2011 declined by 54.83% at Rs 92.64 crore as compared to Rs 205.10 crore for the corresponding quarter last year. Its total income has grown by 3.74% at Rs 845.00 crore for the quarter under review from Rs 814.52 crore for the same quarter last year.