DLF is currently trading at Rs. 238.05, up by 5.25 points or 2.26% from its previous closing of Rs. 232.80 on the BSE.
The scrip opened at Rs. 234.00 and has touched a high and low of Rs. 239.10 and Rs. 233.80 respectively. So far 429321 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 289.20 on 12-Mar-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. 245.90 and Rs. 229.70 respectively. The current market cap of the company is Rs. 40302.11 crore.
The promoters holding in the company stood at 78.58% while Institutions and Non-Institutions held 16.94% and 4.48% respectively.
DLF, country’s largest real estate developer, is planning to sell up to 8.1 crore shares and has mandated 8 banks for the institutional placement sale. Further the price range and size of the issue are yet to be determined. The selected banks are Bank of America-Merrill Lynch, Deutsche Bank, JPMorgan and Standard Chartered, along with CLSA, HSBC, Kotak, and UBS to handle the sale.
DLF, founded by billionaire Kushal Pal Singh, has a land bank of 10,255 acres, the biggest in the real estate sector. At its peak, its debt pile stood at Rs 23,000 crore.
