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DLF extends gain on favourable SAT verdict
Source: IRIS | 16 Mar, 2015, 10.07AM
Rating: NAN / 5 stars.
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DLF, a leading real estate developer, witnessed a gained in share price on Monday after Securities Appellate Tribunal (SAT) has quashed Securities and Exchange Board of India's (SEBI) order against DLF 's three-year ban from capital markets, stating that the market regulator is not justified in condemning the real estate developer in conducting its business.

Shares of the company are trading at Rs 160.70, up Rs 3.2, or 2.03% at the Bombay Stock Exchange (BSE) on Monday at 10:02 a.m.

The scrip has touched an intra-day high of Rs 163.90 and low of Rs 158.85. The total volume of shares traded at the BSE is 960,210.



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