For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

DLF spurts over 3% on sale of non-core assets

By Religare
|
DLF spurts over 3% on sale of non-core assets
Shares of country's leading real estate player DLF rose over 3 per cent in early trade on Bombay Stock Exchange (BSE) after the company sold two non-core assets worth Rs 1.47 billion ($24 million), as part of its effort to pare debt.
 

DLF divested a majority stake in a subsidiary for Rs 798 million and completed the sale of its wind turbines in the western state of Rajasthan for Rs 674 million, the company said in a statement.

Extending yesterday's gain, shares of the company gained as much as 3.23 per cent to trade at Rs 151.70 a piece on the BSE. In a similar fashion, shares of the company advanced 2.24 per cent to Rs 150.55 a piece on National Stock Exchange. Meanwhile, the broader benchmark Sensex was quoting at 20,265.29, up 16.03 points or 0.08 per cent at 9:55 hours.

Dion Global Solutions Ltd.

Read more about: dlf sensex bse assets
Company Search
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more