DLF is currently trading at Rs. 210.80, up by 3.15 points or 1.52 % from its previous closing of Rs. 207.65 on the BSE.
The scrip opened at Rs. 209.00 and has touched a high and low of Rs. 212.75 and Rs. 209.00 respectively. So far 302196 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 242.80 on 09-Jun-2014 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. 233.85 and Rs. 200.10 respectively. The current market cap of the company is Rs. 37627.87 crore.
The promoters holding in the company stood at 74.92 % while Institutions and Non-Institutions held 20.36 % and 4.72 % respectively.
DLF is planning to raise Rs 3,000-3,500 crore via commercial mortgage-backed securities. The company, which has hired Credit Suisse for this fund raising activity, will be issuing mortgage securities against IT Sezs portfolio of 12 sq metres.
Further, the company plans to utilize these proceeds to improve balance sheet and access cheaper debt. DLF recently raised Rs 900 crore via similar route from two malls.
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.
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