DLF plunges almost 3% on cancellation of land mutation

DLF, India"s leading real estate developer, plunged Wednesday on concern over cancellation of 3.5-acre land mutation in Manesar and its impact the realtor"s commercial projects at the site.The stock is under pressure in recent past after Arvind Kejriwal exposed alleged links between DLF, Vadra and Haryana government.

Shares ofthe companyare trading at Rs 201.80, down Rs 6.2, or 2.98% at the Bombay Stock Exchange (BSE) on Wednesday at 2:33 p.m.The scrip has touched an intra-day high of Rs 210.75 and low of Rs 199.75. The total volume of shares traded at the BSE is 1,608,673.In the earlier session, the shares declined 4.26%, or Rs 9.25, at Rs 208. Currently, the stock is trading down 22.79% from its 52-week high of Rs 261.35 and above 19.02% over the 52-week low of Rs 169.55.

Share Price Movement Period Pricein Rs Gain/(Loss) in Rs in % 1 Week 213.00 (5.00) (2.35) 1 Month 230.80 (22.80) (9.88) 3 Months 206.95 1.05 0.51 6 Months 197.30 10.70 5.42 1 Year 229.65 (21.65) (9.43) Note: Based on previous day closing price.