Oct 16, 2012, 11.31 PM | Source: PTI
Shares of DLF today came under renewed selling pressure, falling over 4 percent in an overall weak stock market, where the benchmark index Sensex plunged 136 points.
Since October 5, the scrip has lost nearly 14 per cent. Even after a positive opening, shares of the company failed to sustain the momentum and finally settled 4.26 per cent lower at Rs 208 on the BSE. During the day, shares of the company lost 4.85 per cent at Rs 206.70.
At NSE, the scrip closed at Rs 207.70, down 4.42 per cent.
Meanwhile, the controversy over alleged land deals involving Robert Vadra took a new turn with senior Haryana IAS officer Ashok Khemka cancelling the sale of over three acre land to realty major DLF.
Significantly, this was done on the last day of Khemka's posting as Director General of Land Consolidation and Land Records-cum-Inspector-General of Registration yesterday
A 1991-batch IAS officer, Khemka ordered the mutation of 3.5 acre plot of land in Manesar-Shikohpur that Vadra had sold to DLF for Rs 58 crore.
DLF shares have been under pressure since last few days amid allegations of the company providing undue favours in its transactions with Vadra. The charges have been vehemently denied by both the parties.
DLF stock price
On May 31, 2016, at 13:59 hrs DLF was quoting at Rs 130.75, up Rs 4.40, or 3.48 percent. The 52-week high of the share was Rs 142.90 and the 52-week low was Rs 72.50.
The company's trailing 12-month (TTM) EPS was at Rs 5.46 per share as per the quarter ended March 2016. The stock's price-to-earnings (P/E) ratio was 23.95. The latest book value of the company is Rs 96.59 per share. At current value, the price-to-book value of the company is 1.35.
Speaking to CNBC-TV18, Saurabh Chawla, Senior ED F
The country's largest real estate developer achiev
DLF at its meeting held on May 27, 2016, have reco
During the entire 2015-16 fiscal, net profit rose
Topline fall may be on account of no new project f
HeidelbergCement India has reported a sales turnov
Medi-Caps has reported a sales turnover of Rs 6.77
When you unplug you mind for a minute, you restore