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DLF sees Red on price hike decision

Posted on: March 9th 2010 in Market News.

DLF slipped around 2% on the back of the company’s decision to increase prices which may deter home buyers as interest rates too have gone up. The stock opened at Rs 317.30 and made a low of 310. Total volumes traded was 16.71 lakh shares on the BSE. …

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Nifty reclaims 4300; Tata Motors, DLF in lead

Posted on: June 19th 2009 in Market News.

MUMBAI: Equities rebounded on Friday on the back of positive cues from overseas markets. Realty and capital goods fronted the upmove. Secondline counters were trading on a positive note as well. “We expect the market to bottom out today and expect buying at lower levels. We are positiv…

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DLF promoter’s plans to sell 5.5% stake; stk rises

Posted on: May 29th 2009 in Stock News.

DLF touched an intraday high of Rs 379.90 and an intraday low of Rs 375. At 09:59 am, the share was quoting at Rs 377.95, up Rs 5.15, or 1.38% on the NSE. The company’s promoters are planning to sell another 5.5% stake, reports Financ…

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DLF plans to raise Rs 5,500 crore by sale of assets

Posted on: May 3rd 2009 in Stock News.

NEW DELHI: DLF, the country’s largest real estate developer, is planning to raise Rs 5,500 crore through sale of “non-strategic” assets as part of its “liquidity preservation and deleveraging” exercise. The company is selling such assets that may not start contributing in 3-5 ye…

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DLF to exit from four IT/ITeS SEZs

Posted on: April 17th 2009 in Stock News.

NEW DELHI: India’s largest property developer DLF on Friday said the company has asked the government to denotify four IT/ITES special economic zones (SEZ). In a disclosure to the stock exchanges, the company said that it “has requested the ministry of commerce and industry fo…

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