DLF is currently trading at Rs. 274.10, up by 6.15 points or 2.30% from its previous closing of Rs. 267.95 on the BSE.
The scrip opened at Rs. 268.50 and has touched a high and low of Rs. 276.40 and Rs. 268.50 respectively. So far 378215 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 279.40 on 31-Jan-2013 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. 279.40 and Rs. 260.20 respectively. The current market cap of the company is Rs. 46822.88 crore.
The promoters holding in the company stood at 78.58% while Institutions and Non-Institutions held 15.86% and 5.56% respectively.
DLF, country’s largest real estate developer, plans to raise Rs 2,100 crore by selling 8.1 crore shares to qualified institutional buyers by April. The move, which is in line with guidelines stipulating 25% public shareholding, will also help reduce the realtor's debt. The company, for this, will acquire board’s approval in a few weeks.
The pricing, which will be decided in April, in any case, will be either at the prevailing market price or at a discount of 5%, as permitted under the institutional Placement Programme (IPP) guidelines. The promoters, who hold 78.58% of the company, with this programme, will trim their stake to 75%.
In August 2010, capital market regulator Securities Exchange Board of India (SEBI) had directed 193 listed companies to reach a minimum public shareholding of 25% by June 2013.
| Company Name | CMP |
|---|---|
| Lodha Developers | 871.70 |
| Dilip Buildcon | 457.55 |
| DLF | 601.80 |
| Oberoi Realty | 1710.00 |
| Ahluwalia Contract(I | 832.90 |
| View more.. | |
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