DLF Ltd (DLF.BO)
1 Oct 2014
|Market Cap (Mil.):||Rs268,803.81|
|Shares Outstanding (Mil.):||1,781.93|
Reuters Market Eye - DLF Ltd falls 2.3 percent to 162.85 rupees.
* DLF Ltd falls 3.1 percent to 161.55 rupees. * BNP Paribas downgrades the stock to "reduce" from "hold" * Cuts target price to 146 rupees from 169 rupees. * Cites "limited upside potential" for shares and "no major potential catalysts in the near-term." * Also highlights DLF's "weak operational data and negative newsflow from ongoing legal cases." (firstname.lastname@example.org/indulal.p.thomsonreuters.com@reut ers.net)
Reuters Market Eye - DLF Ltd shares fall 8.4 percent. The Punjab and Haryana High Court on Wednesday cancelled a 350-acre plot of land that DLF had acquired from Haryana, local media reported.
* India's DLF Ltd shares drop as much as 8.7 percent. * The top court for Punjab and Haryana on Wednesday cancelled a 350-acre plot of land that DLF had acquired from the northern state of Haryana, local media reported. * "The Company is awaiting a copy of the order and can offer detailed comments only pursuant to that," DLF said in a statement. * DLF says the land was for a project that was yet to be developed. * Court ruling raises concerns about increased regulatory scrutiny on the company.
Reuters Market Eye - Shares in DLF Ltd fell 4.6 percent on Wednesday.
* Shares in India's DLF Ltd fall as much as 5.4 percent. * The Supreme Court has directed DLF to pay 6.3 billion rupees ($104.2 million) in penalty, imposed by the Competition Commission of India (CCI) in 2011, TV channels report. * CCI imposed the fine after saying DLF violated fair trade norms and abused its dominant market position, as per the TV reports. * The builder had appealed the CCI order. * DLF could not be immediately reached for comment. (1 US dollar = 60.4450 Indian rupees) (ind
NEW DELHI - DLF Ltd, India's top real estate developer, reported a 29 percent fall in quarterly net profit, hit by slowing home sales in Asia's third-largest economy as high inflation and interest rates continued to deter home buyers.
NEW DELHI, Aug 1 - DLF Ltd, India's top real estate developer, reported a 29 percent fall in quarterly net profit, hit by slowing home sales in Asia's third-largest economy as high inflation and interest rates continued to deter home buyers.
REUTERS - Prime Minister Narendra Modi's new government on Thursday unveiled its first budget of structural reforms aimed at reviving growth, winning praise from investors despite a lack of clarity over how it would cap the big fiscal deficit.
Reuters Market Eye - Shares in DLF Ltd drop as much as 4.1 percent after its January-March earnings fell short of some analysts' estimates.