DynamicLevels
DynamicLevels
29 Jun 2016
DLF Share Price Jumps 10% on likely capital infusion
Dynamic Levels
DLF share price surges almost 10 per cent intraday to make a make a new 52 week high of Rs 146.40. This is the result of the media report that suggested possible capital infusion by promoter to make the company debt free. The media report suggested that Billionaire KP Singh and his family have decided to wipe out the debt of DLF in a two-step transaction.They are willing to pump around 10000 crore INR into India's largest real estate developer by purchasing shares in a preferential issue with funds raised from
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