On a year-to-date basis, DLF shares outpaced benchmark BSE Realty index by rising 7 per cent till May 31, 2016, whereas the real estate index climbed 3.64 per cent during the same period.
DLF shares jumped over 2 per cent on Tuesday after the realty major said it has entered into an amended agreement to sell its 32 screens of DT cinemas to multiplex operator PVR at a revised consideration of Rs 433 crore.
Realty firm DLF's net debt rose by nearly Rs 800 crore in January-March quarter of the last fiscal to cross Rs 22,000 crore due to slowdown in real estate sector.
India's largest realty firm DLF today reported a 23 per cent decline in its consolidated net profit for the quarter ended March to Rs 132.39 crore on higher finance cost and tax expenses
Realty major DLF on Wednesday formally launched its shopping mall in Noida, touted as one of the biggest in the country and built at an investment of Rs 1,800 crore.
Shares of DLF, Indiabulls group firms and Apollo Tyres slid up to 3.50 per cent on Monday after Indian Express reports revealed the names of Indians in global list of secret companies in tax havens.
Mossack Fonseca documents list K P Singh, his wife, son, daughter and their family as shareholders; Singh is labelled as a ‘politically exposed person’.
DLF said the Board has "approved sale of 'DLF Place Saket', a shopping mall, having built up area of 5.16 lakh sq ft along with land parcel ... to Nambi Buildwell Pvt Ltd, a wholly-owned subsidiary of the company on arm's len
Realty stocks moved higher in the morning trade on Friday after Rajya Sabha passed much-awaited Real Estate Regulation and Development Bill 2015 to regulate the sector.
Crompton Greaves stocks closed 21.72 per cent down at Rs 130.80 after the engineering conglomerate posted a consolidated net loss of Rs 107.03 crore in the quarter ended on December 31, 2015.
Kalapataru Power Transmission stocks closed 1.07 per cent up at Rs 258.70 after HDFC Mutual Fund increased its stake in the company by 2.34 per cent to 7.38 per cent after acquiring its shares from the open market.
Realty major DLF has received Rs 1,992 crore from Singapore's sovereign wealth fund GIC, thereby completing the deal to sell 50 per cent stake each in two upcoming projects in the national capital.
