Thursday , October 28 2021

DLF soars on reporting 16% rise in sales bookings during H1 of FY20

DLF is currently trading at Rs. 206.90, up by 3.70 points or 1.82% from its previous closing of Rs. 203.20 on the BSE.

The scrip opened at Rs. 200.90 and has touched a high and low of Rs. 208.00 and Rs. 199.45 respectively. So far 663802 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 209.70 on 08-Nov-2019 and a 52 week low of Rs. 133.90 on 01-Oct-2019.

Last one week high and low of the scrip stood at Rs. 209.70 and Rs. 182.20 respectively. The current market cap of the company is Rs. 50818.15 crore.

The promoters holding in the company stood at 74.95%, while Institutions and Non-Institutions held 19.44% and 5.61% respectively.

DLF has reported 16 percent rise in sales bookings to Rs 1,425 crore during the first six months (H1) of current fiscal year, mainly due to demand for its ready-to-move-in residential units. The company had achieved sales bookings of Rs 1,225 crore in the same period a year ago.

DLF is one of India’s biggest property developers. The company’s primary business is development of residential, commercial and retail properties. The company has a unique business model with earnings arising from development and rentals.

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