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DLF surges as its arm receives final tranche of payment of Rs 93.5 crore

12 Mar 2014 Evaluate

DLF is currently trading at Rs. 180.90, up by 2.50 points or 1.40 % from its previous closing of Rs. 178.40 on the BSE.

The scrip opened at Rs. 179.95 and has touched a high and low of Rs. 182.80 and Rs. 179.15 respectively. So far 359368 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. 186.60 and Rs. 140.25 respectively. The current market cap of the company is Rs. 31781.09 crore.

The promoters holding in the company stood at 74.93 % while Institutions and Non-Institutions held 20.32 % and 4.75 % respectively.

DLF’s wholly owned subsidiary - DLF Home Developers (DHDL), received its final tranche of payment of Rs 93.5 crore on the sale of balance shares of Galaxy Mercantile (GML), a joint venture (JV) Company of DHDL, IDFC and others.

Earlier, in November 2011, IDFC had contracted to acquire 100% stake in the JV Company owning 1.3 million square feet IT Park located in Sector 62, Noida, Uttar Pradesh. The above transaction is in line with the DLF’s objective of divesting its non-core assets.

DLF is one of India’s largest real estate companies that has over 60 years of track record of sustained growth, customer satisfaction, and innovation. The company has 314 msf of planned projects with 52 msf of projects under construction.

 

 

DLF Share Price

600.90 -0.90 (-0.15%)
20-Apr-2026 12:53 View Price Chart
Peers
Company Name CMP
Lodha Developers 865.60
Dilip Buildcon 457.25
DLF 600.90
Oberoi Realty 1705.00
Ahluwalia Contract(I 840.65
View more..

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