DLF soars on filing five patents for building safety and security

04 Oct 2012 Evaluate

DLF is currently trading at Rs. 236.70, up by 7.85 points or 3.43% from its previous closing of Rs. 228.85 on the BSE.

The scrip opened at Rs. 230.05 and has touched a high and low of Rs. 237.30 and Rs. 230.05 respectively. So far 405854 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 261.35 on 22-Feb-2012 and a 52 week low of Rs. 169.55 on 04-Jun-2012.

Last one week high and low of the scrip stood at Rs. 244.65 and Rs. 226.80 respectively. The current market cap of the company is Rs. 40093.43 crore.

The promoters holding in the company stood at 78.59% while Institutions and Non-Institutions held 15.94% and 5.47% respectively.

Country's largest real estate company, DLF, has filed five patents for inventions pertaining to safety and security of its buildings. The company has installed these systems in its commercial buildings, across the country and would do so in future projects as well.

Much to the detail, the company has filed patents for inventions of fire-stop cable barrier, system to contain inflammable and combustible liquid, proper storage of batteries as well as oil and a method to divert chilled water of AC system for fire-fighting. Further, this is the first time in India that any real estate firm has developed such unique technology important for safety and security of building. Meanwhile, the five patents that have been filed in the Indian Patent Office would be further evaluated.

On standalone basis, the company has reported a rise of 296.32% in its net profit at Rs 367.15 crore for the quarter ended June 30, 2012, as compared to Rs 92.64 crore for the same quarter in the previous year.  Total income of the company has increased by 21.76% to Rs 1028.91 crore for the quarter under review as compared to Rs 845.00 crore for the quarter ended June 30, 2011.

DLF Share Price

895.70 3.70 (0.41%)
02-May-2024 16:01 View Price Chart
Peers
Company Name CMP
Dilip Buildcon 464.00
Macrotech Developers 1243.10
NBCC (India) 138.65
Prestige EstatesProj 1411.95
DLF 895.70
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