DLF surges as its sales bookings jump almost two fold in April-June period

19 Aug 2013 Evaluate

DLF is currently trading at Rs. 147.20, up by 1.65 points or 1.13% from its previous closing of Rs. 145.55 on the BSE.

The scrip opened at Rs. 144.50 and has touched a high and low of Rs. 147.90 and Rs. 139.00 respectively. So far 257639 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. 120.25 on 06-Aug-2013.

Last one week high and low of the scrip stood at Rs. 159.65 and Rs. 133.80 respectively. The current market cap of the company is Rs. 25309.34 crore.

The promoters holding in the company stood at 75.00% while Institutions and Non-Institutions held 20.19% and 4.82% respectively.

DLF has registered almost two fold jump in bookings in the housing segment for the April-June period on the back of strong response for its Gurgaon projects. The company has sold 1.81 million square feet of space for Rs 2,430 crore in the first quarter of this fiscal against 2 million square feet sold for Rs 1,240 crore in the January-March period.

The company achieved gross sales bookings of Rs 2,430 crore during Q1 against Rs 3,800 crore for FY13. Of the total bookings in April-June, Gurgaon phase 5 contributed the maximum at Rs 1,990 crore.

Meanwhile, in the rental business, the realty major has leased 0.39 million square feet of commercial space in Q1 FY14 compared with 0.18 million square feet in the previous quarter. Rental income stood at Rs 435 crore out of Rs 480 crore of annuity income.

DLF Share Price

898.30 17.55 (1.99%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
Dilip Buildcon 456.85
Macrotech Developers 1133.75
NBCC (India) 119.05
Prestige EstatesProj 1177.50
DLF 898.30
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