Realty firm DLF’s net debt has come down by 92 per cent to Rs 57 crore — the lowest level — at the end of the first quarter of this fiscal on better cash flow driven by strong housing sales. According to an investors’ presentation, DLF’s net debt stood at Rs 57 crore… Continue reading DLF’s net debt falls 92% to record low Rs 57 cr at end of June quarter
Tag: DLFs
DLF’s KP Singh sells entire 0.59% stake for Rs 731 cr: Stock exchange data
Billionaire KP Singh has sold his entire remaining stake in real estate firm DLF for around Rs 731 crore, according to the stock exchange data. It wasn’t clear why Singh, who in June 2020 was named the chairman emeritus, sold the shares in the company that is now headed by his son Rajiv.… Continue reading DLF’s KP Singh sells entire 0.59% stake for Rs 731 cr: Stock exchange data
DLF’s KP Singh sells entire 0.59% stake for Rs 731 crore; stock down 3.7%
Founder KP Singh divested 0.59 per cent stake in DLF on Tuesday. He sold nearly 14.5 million shares at Rs 504.2 apiece to raise Rs 731 crore. Shares of the real estate major last closed at Rs 499.7, down 3.7 per cent over its previous close. Shares of DLF have rallied 33 per cent so… Continue reading DLF’s KP Singh sells entire 0.59% stake for Rs 731 crore; stock down 3.7%