DLF surges ahead of stake sale meeting

06th March 2013 11:18 AM

Real estate major DLF surged on Wednesday ahead of board meeting; theboard willconsider stake sale in the meeting.

The company said on Tuesday, board of directors will consider offer of securities and all related actions thereto on Wednesday for achieving the minimum public shareholding in compliance to the securities contracts. Shares ofthe companyare trading at Rs 268.70, up Rs 9.05, or 3.49% at the Bombay Stock Exchange (BSE) on Wednesday at 10:39 a.m.The scrip has touched an intra-day high of Rs 269.20 and low of Rs 262.00. The total volume of shares traded at the BSE is 365,667.In the earlier session, the shares climbed 3.57%, or Rs 8.95, at Rs 259.65. Currently, the stock is trading down 6.51% from its 52-week high of Rs 287.40 and above 58.48% over the 52-week low of Rs 169.55.

Share Price Movement Period Pricein Rs Gain/(Loss) in Rs in % 1 Week 277.55 (17.90) (6.45) 1 Month 270.05 (10.40) (3.85) 3 Months 226.40 33.25 14.69 6 Months 203.15 56.50 27.81 1 Year 197.45 62.20 31.50 Note: Based on previous day closing price.
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