Thursday, 26 November 2015

DLF rises 7.6% after promoters buy shares

The company's promoters have bought 2.3 million shares of the company through open market transactions for nearly Rs. 25 crore, raising their stake to 74.99%.


DLF1
DLF rallied 7.6% on BSE. The company's promoters have bought 2.3 million shares of the company through open market transactions for nearly Rs. 25 crore, raising their stake to 74.99%.

The scrip opened at Rs. 108.8 and has touched a high and low of Rs. 116.45 and Rs. 108.5 respectively. So far 18,799,642 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 19078.78 crore.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 179 on 04-Feb-2015 and a 52 week low of Rs. 93 on 24-Aug-2015. Last one week high and low of the scrip stood at Rs. 111.95 and Rs. 101.9 respectively.

The promoters holding in the company stood at 74.86 % while Institutions and Non-Institutions held 19.84 % and 5.3 % respectively.

The stock is currently trading above its 200 DMA.

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