DLF down in the red
By
Research Desk
about 12 years ago
DLF is in the red today, down currently almost 2% at Rs.202.40, with an intra day low at Rs.200. Its 52-week low stands at Rs.169.55. Its lower circuit limit today is at Rs.185.45.
The stock is down after the company reported a consolidated net loss of Rs 4.19 crore in Q4FY13 and this was due to poor sales and losses of subsidiaries. In Q4FY12, the company had a net profit at Rs.212 crore. Two subsidiaries – the hotel business and the insurance, suffered a loss of Rs.77.35 crore. Total income declined 15% (YoY) at Rs.2225 crore.