27 Jan 2025

DLF Shares Surge by 3.74%, Trading at Rs 721.05 on BSE

DLF is currently trading at Rs 721.05, marking a rise of 26.00 points or 3.74% from its previous closing price of Rs 695.05 on the Bombay Stock Exchange (BSE).

The stock opened at Rs 696.00 and reached an intraday high of Rs 731.40 and a low of Rs 696.00. So far, 82,680 shares have been traded on the counter.

A BSE group 'A' stock with a face value of Rs 2, DLF has a 52-week high of Rs 967.00 (achieved on 01-Apr-2024) and a 52-week low of Rs 689.90 (recorded on 04-Jun-2024). Over the past week, the stock's high and low stood at Rs 764.00 and Rs 692.00, respectively. The company’s current market capitalization is Rs 1,78,977.41 crore.

Promoters hold a 74.08% stake in the company, while Institutions and Non-Institutions own 21.24% and 4.69%, respectively.

Strong Sales in Ultra-Luxury Project 'The Dahlias'

DLF has achieved remarkable success by selling 173 apartments worth Rs 11,816 crore in its ultra-luxury residential project, The Dahlias, located in Gurugram. The project, launched in October 2023 in DLF Phase 5, spans 17 acres and includes 420 apartments and penthouses. It is DLF's second ultra-luxury project after the successful delivery of The Camellias in the same area.

The minimum size of an apartment in The Dahlias is 10,300 square feet, catering to the growing demand for premium housing among the super-rich.

As one of India's largest property developers, DLF continues to focus on residential, commercial, and retail property development, leveraging its unique business model with earnings from both development and rentals.