DLF gains as board approves stake sale
By IRIS
07th March 2013 11:18 AM
DLF
gained on Thursday after the company's board approved offering
equity shares via institutional placement programme to achieve the
minimum public shareholding.
The board shall also consider calling of an extra-ordinary
general meeting on Apr. 04, 2013, for seeking shareholders approval
for the above purpose.
Shares ofthe companyare trading at Rs
275.70, up Rs 6.15, or 2.28% at the Bombay Stock Exchange (BSE) on
Thursday at 10:27 a.m.The scrip has touched an intra-day high of Rs
276.20 and low of Rs 266.15. The total volume of shares traded at
the BSE is 677,198.In the earlier session, the shares gained 3.81%,
or Rs 9.9, at Rs 269.55. Currently, the stock is trading down 4.07%
from its 52-week high of Rs 287.40 and above 62.61% over the
52-week low of Rs 169.55.
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