DLF hits three-month low
The stock dipped 5% at Rs 139, its lowest level since January 16 this year on the Bombay Stock Exchange.
 "DLF hits three-month low")
Shares of real estate major DLF has slipped 5% to Rs 139, its lowest level since January 16 this year, on the Bombay Stock Exchange (BSE).
According to media reports, the Securities and Exchange Board of India (Sebi) has moved the Supreme Court, challenging a tribunal order in the matter of disclosure norm violations by real estate major DLF. The regulator filed its appeal last week and has sought an early hearing, according to two people in the know, Business Standard report suggests. CLICK HERE TO READ FULL REPORT.
Meanwhile, in past two weeks, the stock has fallen 17% from Rs 167 on April 6, compared with 2.7% decline in the S&P BSE Sensex.
The stock opened at Rs 147 and has seen a combined 10.31 million shares changed hands on the counter till 1526 hours on the BSE and NSE.
According to media reports, the Securities and Exchange Board of India (Sebi) has moved the Supreme Court, challenging a tribunal order in the matter of disclosure norm violations by real estate major DLF. The regulator filed its appeal last week and has sought an early hearing, according to two people in the know, Business Standard report suggests. CLICK HERE TO READ FULL REPORT.
Meanwhile, in past two weeks, the stock has fallen 17% from Rs 167 on April 6, compared with 2.7% decline in the S&P BSE Sensex.
The stock opened at Rs 147 and has seen a combined 10.31 million shares changed hands on the counter till 1526 hours on the BSE and NSE.