The company made this announcement after market hours on Monday, 5 December 2011. Stock markets were closed on Tuesday, 6 December 2011 for a public holiday.
Meanwhile, the BSE Sensex was up 146.33 points, or 0.87% to 16,951.66.
On BSE, 2.10 lakh shares were traded in the counter as against average daily volume of 10.42 lakh shares in the past one quarter.
The stock hit a high of Rs 226.60 and a low of Rs 223.10 so far during the day. The stock had hit a 52-week low of Rs 173.40 on 17 August 2011. The stock had hit a 52-week high of Rs 314.40 on 6 December 2010.
The large-cap stock underperformed the market over the past one month till 5 December 2011, falling 9.93% compared with Sensex's 4.31% decline. The scrip had, however, outperformed the market over the past one quarter, rising 6.95% as against Sensex's 0.55% rise.
India's largest real estate company by market capitalisation has an equity capital of Rs 339.63 crore. Face value per share is Rs 2.
DLF said that its wholly owned subsidiary DLF Hotel Holdings (DHHL), currently holding 74% equity shares in the joint venture company DLF Hotels & Hospitality (DLF Hotels) has acquired additional 26% equity shares of DLF Hotels' from Aro Participation and Splendid Property Company, affiliates of Hilton International Co. Consequently, DLF Hotels has become a wholly owned subsidiary of DHHL, DLF said in a statement.
On a consolidated basis, DLF's net profit fell 11% to Rs 372.41 crore on 6.9% rise in net sales to Rs 2532.41 crore in Q2 September 2011 over Q2 September 2010.
DLF's primary business is development of residential, commercial and retail properties.
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