DLF stock

DLF is trading at 397.00 and it was up on May 29^th also as the company’s promoters are selling their stake by some percentage which is reported 5.5%.

The reason that DLF is witnessing strong demand is because of the fact that with the new government in place it would be hard not to look at real estate players in the stock market

These players taken a beating in the recession but now are coming back strongly.

Government is sure to put lot of efforts in the infrastructure and housing sectors.

Promoter Stake Sale

Earlier the porters had sold 6.8 crore shares, about 9.9% equity and they raised about in the market raising nearly Rs 3,864 crore. Deutsche Bank and JPMorgan finalized the deal.

This is what Sanjay Sharma had to say “"It is evident that there has been strong demand from long-only investors for the DLF deal. The DLF block has been done at a 2.6% discount to the previous closing price," he added.”

Competitors in the real Estate Industry are

Unitech STOCK, Parsavnath,Omaxe,Tata Housing and many other players.

 

The registered address of the company is

Registered Address

Shopping Mall, Third Floor Arjun Marg, Phase - I Gurgaon 122002 Haryana

Tel: 0124-4334200

Fax: 0124-2355581

Unitech stock guide

Unitech stock was in great doldrums in the past few months because of the huge debt that they had but now they have become somewhat comfortable after doing these two things and these are
QIB offering – very successful in that
Selling off the stake in the major hotel properties in and around India
Selling of stake in Unitech wireless.

They are now launching smaller budget properties in all the cities which have become more sought after the TATA housing project success