DLF shines on recording pre-formal launch sales worth Rs 8,000 crore!

DLF shines on recording pre-formal launch sales worth Rs 8,000 crore!

Indian Market
by 5paisa Research Team Last Updated: Mar 16, 2023 - 05:57 pm 130 Views

Shares of the company jumped about 4% in today’s trade.

Record breaking Sales

DLF has witnessed record-breaking pre-formal launch sales of more than Rs 8,000 crore for its luxury high-rise residences; The Arbour is located at DLF Sixtythree on Golf Course Extension in Sector 63, Gurugram. The Arbour, which marks DLF’s entry into the micro market at Golf Course Extension has been fully sold out within three days even before its launch.

The luxury neighbourhood is spread over 25 acres and boasts five iconic towers that rise up to 38/39 stories. It comprises of well-appointed, spacious and elegant 1137 identical 4 BHK including study room, utility room configurations, with prices starting from Rs 7 crore onward, per unit.

Share price movement of DLF Limited

Today, the stock opened at Rs 347, with a high and low of Rs 361.20 and Rs 344.95. The stock closed trading at Rs 360, up by 3.88%.

In the last six months, the shares of the company have given about -6 per cent returns and in the last 1 year, the stock has given about 0.5% returns.

The stock has a 52-week high of Rs 418.45 and a 52-week low of Rs 294.75. The company has a ROCE of 4.84% with a market capitalisation of Rs 88,976 crore.

Company profile 

 DLF Ltd with its subsidiaries, associates and JVs is engaged in real estate development, from the identification and acquisition of land to the planning, execution, construction and marketing of projects. It is also engaged in the business of leasing, generation of power, provision of maintenance services, hospitality and recreational services which are related to the overall development of the real estate business. 

How do you rate this article?

Fill in your details below:

Start Investing in 5 mins*

Rs. 20 Flat Per Order | 0% Brokerage

About the Author

Our research team is composed of some highly qualified research professionals, their expertise range across sectors.


Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites and Derivatives can be substantial. Also, The

Open Free Demat Account

Resend OTP
Please Enter OTP
Account belongs to

By proceeding, you agree to the T&C.

Start Investing Now!

Open Free Demat Account in 5 mins

Enter Valid Mobile Number