DLF opens at Rs.526.60 in NSE, trades at premium to offer price

The equity shares of DLF Limited, the real estate major listed in National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) today. The company issued shares at Rs.525 (Face Value of Rs.2 and Premium of Rs.523 Per share) per share in the recently concluded IPO.

In NSE the stock opened at Rs.526.60, Rs.1.60 higher than the offer price of Rs.525. The stock went on to hit an intraday high of Rs.583.95 and low of Rs.526.60. The total traded quantity was 43031371 at an average price of Rs.553.38 resulting in a turnover of Rs.238127 Lakhs.

In NSE, the stock was last trading at Rs.549, up by Rs.24 or 4.57% compared to the offer price of Rs.525.

In BSE, the stock opened the day at Rs.582 and hit an intraday high of Rs.714.25 and low of Rs.505.60. The stock was last trading at Rs.550, up by Rs.25 or 4.76% compared to the issue price of Rs.525.

In BSE, the total traded quantity was 19058170 shares at a weighted average price of Rs.552.64.

Source : Equity Bulls

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