DLF promoters to sell 40% stake in Cyber City

The company stated that DT Cinemas deal is pending for CCI Nod.

DLF Ltd reportedly said that its promoters will sell 40% stake In Cyber City to Private Unlisted Investors.

The company stated that DT Cinemas deal is pending for CCI Nod.

The company concluded GIC Stake sale last week.

DLF Ltd is currently trading at Rs. 115.2, up by Rs. 0.2 or 0.17% from its previous closing of Rs. 115 on the BSE.

The scrip opened at Rs. 115.55 and has touched a high and low of Rs. 116.4 and Rs. 115.1 respectively. So far 1354186(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 20505.95 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. 117.7 and Rs. 112.8 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.