DLF is currently trading at Rs. 204.30, down by 8.80 points or 4.13% from its previous closing of Rs. 213.10 on the BSE.

The scrip opened at Rs. 209.00 and has touched a high and low of Rs. 209.00 and Rs. 203.05 respectively. So far 429373 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. 215.00 and Rs. 201.25 respectively. The current market cap of the company is Rs. 36184.42 crore.

The promoters holding in the company stood at 78.63% while Institutions and Non-Institutions held 15.36% and 6.01% respectively.

DLF, India's largest realty firm and green building developer - The 3C Company are likely to sell their IT park in Noida to Infrastructure Development Finance Company (IDFC) for about Rs 500 crore. The deal is likely to be closed next week. DLF has about 70% stake in the IT Park and rest is with The 3C Company.

DLF eyes to raise up to Rs 7,000 crore in the next 2-3 years from the sale of non-core assets to cut net debt of over Rs 21,000 crore and it is expected to finalize at least two big-ticket deals for sale of non-core assets during this quarter. Apart from Noida IT Park, DLF has approached the Board of Approval (BOA) under Commerce Ministry to sell about 24-acre in Pune IT SEZ, in which it has about 70% stake.

DLF is in talks with private equity firm Blackstone to sell IT SEZ at Pune and the deal size is expected to be around Rs 900 crore. As part of its decision to exist from non-core businesses, DLF is in talks to sell stake in its hospitality venture Aman Resorts.

DLF Share Price

250.05 -15.35 (-5.78%) May 14, 18:01
1 Year Price Chart
Peers
Company Name CMP
Dilip Buildcon 526.85
NBCC (India) 48.95
Sobha 445.50
JMC Projects (India) 96.90
Prestige Estate Proj 266.95
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Sensex vs DLF
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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