DLF shines on selling 173 apartments in ultra luxury residential project in Gurugram
DLF is currently trading at Rs. 721.05, up by 26.00 points or 3.74% from its previous closing of Rs. 695.05 on the BSE.
The scrip opened at Rs. 696.00 and has touched a high and low of Rs. 731.40 and Rs. 696.00 respectively. So far 82680 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 967.00 on 01-Apr-2024 and a 52 week low of Rs. 689.90 on 04-Jun-2024.
Last one week high and low of the scrip stood at Rs. 764.00 and Rs. 692.00 respectively. The current market cap of the company is Rs. 178977.41 crore.
The promoters holding in the company stood at 74.08%, while Institutions and Non-Institutions held 21.24% and 4.69% respectively.
DLF has sold 173 apartments for Rs 11,816 crore in its ultra luxury residential project 'The Dahlias' in Gurugram, on strong demand from the super-rich. In October last year, DLF launched a 17-acre housing project 'The Dahlias' at DLF Phase 5 in Gurugram, Haryana comprising 420 apartments and penthouses. This project is the second ultra luxury offering from DLF after the successful delivery of 'The Camellias' at same location. The minimum size of an apartment is 10,300 square feet.
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.
