The Competition Appellate Tribunal today adjourned the hearing till February 20 on DLF's appeal against Rs 630-crore penalty imposed by the fair trade regulator CCI for abuse of its dominant position.
The Competition Appellate Tribunal today adjourned the hearing till February 20 on DLF 's appeal against Rs 630-crore penalty imposed by the fair trade regulator CCI for abuse of its dominant position.
A three-member COMPAT bench headed by its Chairman Justice V S Sirpurkar adjourned the matter to February 20. During the day long proceedings, the tribunal heard the arguments from the counsel for flat buyer's associations and Haryana government.
On the next hearing, counsel appearing for the Department of Town and Country Planning of the state of Haryana would resume his arguments.
DLF stock price
On August 22, 2014, DLF closed at Rs 177.65, down Rs 5.4, or 2.95 percent. The 52-week high of the share was Rs 242.80 and the 52-week low was Rs 121.00.
The company's trailing 12-month (TTM) EPS was at Rs 2.52 per share as per the quarter ended June 2014. The stock's price-to-earnings (P/E) ratio was 70.5. The latest book value of the company is Rs 93.41 per share. At current value, the price-to-book value of the company is 1.90.
READ MORE ON The Competition Appellate Tribunal, Competition Commission of India (CCI), DLF, Justice V S Sirpurkar, Department of Town and Country Planning, Haryana , DLF Park Palace , The Belaire, Gurgaon
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