DLF shares slump after High Court order

Written by fe Bureau | Mumbai | Updated: Sep 4 2014, 18:31pm hrs
DLF shares lost more than 8% intra-day on Thursday after the Punjab and Harayana HC cancelled allotment of a 350 acre land to the company.

The decision came on the back of several petitions filed by farmers challenging the transfer of land to DLF.

At 12.00 pm IST, the scrips was trading 8.06% lower at Rs 168.30 on the BSE.