DLF gains 4% on reporting sales worth Rs 1,500 cr from its new project

DLF said it has clocked sales worth approximately Rs 1500 crore for towers in the first phase of the newly launched luxury residential project, ONE Midtown in West Delhi

Shares of DLF gained 4 per cent at Rs 426.70 on the BSE in Wednesday’s intra-day trade after the company said it clocked sales worth approximately Rs 1500 crore for towers in the first phase of the newly launched luxury residential project, ONE Midtown.

The stock of the country’s largest listed real estate company had hit a 52-week high of Rs 449.80 on October 18, 2021. At 09:51 am; the stock traded 3.3 per cent higher at Rs 422.95, against 0.61 per cent rise in the S&P BSE Sensex. The trading volumes at the counter jumped 1.5 times with