DLF has moved up 3% at Rs 217 on reports that the company will sell its shareholding in two IT SEZs in Pune and Noida for a combined value of Rs 1,300 crore.
“Blackstone is likely to buy the IT SEZ in Pune for Rs 900 crore, while a high net worth investor will buy the Noida IT Park for Rs 400 crore,” the Economic Times newspaper report suggests.
The stock opened at Rs 213 and touched a high of Rs 218 on the NSE. A combined 7.5 million shares have changed hands on the counter till 1103 hours, against an average 7.7 million shares traded daily in the past two weeks.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app