DLF is currently trading at Rs. 139.70, up by 0.75 points or 0.54% from its previous closing of Rs. 138.95 on the BSE.
The scrip opened at Rs. 137.20 and has touched a high and low of Rs. 140.20 and Rs. 137.20 respectively. So far 1,18,000 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. 143.30 and Rs. 134.60 respectively. The current market cap of the company is Rs. 24,877.00 crore.
The promoters holding in the company stood at 75.00% while Institutions and Non-Institutions held 20.19% and 4.82% respectively.
DLF’s subsidiary companies, namely, DLF Home Developers and DLF Projects have divested 60% stake in Star Alubuild, a subsidiary at an enterprise value of Rs 79.80 crore. Accordingly, Star Alubuild ceased to be subsidiary of the company. This transaction is part of DLF’s objective of divesting its non core assets.
Star Alubuild specializes in designing, engineering, fabrication and installation of curtain walls for commercial buildings, retail malls and doors & windows for projects throughout India.
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.
