DLF share rises 5% as arm to acquire Hines stake in One Horizon Centre
DLF stock touched an intraday high of Rs 239, rising 5.71% on BSE. Market cap of the firm rose to Rs 58,157 crore on BSE
BusinessToday.In | December 28, 2020 | Updated 16:42 IST
DLF share is trading higher than 5 day, 20 day, 50 day, 100 day and 200 day moving averages
DLF share price rose over 5% today after the real estate player said it was buying a 51.8 percent stake in Fairleaf for Rs 780 crore. DLF stock touched an intraday high of Rs 239, rising 5.71% on BSE. Market cap of the firm rose to Rs 58,157 crore on BSE.
The realty stock opened with a gain of 3.94% at Rs 235 against previous close of Rs 226.10 on BSE.
Stocks to watch today on December 28: RIL, PNB, DLF, Lupin, Coal India, Vedanta among others are the top stocks to watch out for in Monday s trading session
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IT services firm 3i Infotech on Monday said that the company’s software product business has been acquired by private equity firm Apax Partner for a consideration of about Rs 1,000 crore. The deal values the software business higher than the market capitalisation of the entire company (3i Infotech) which stands at around Rs 908 crore. According to the joint statement issued by 3i Infotech and Apax partner, the software products business will be acquired by a newly formed company named Azentio Software, wholly-owned by the Apax Funds. The transaction, subject to shareholder approval and relevant regulatory approvals, is expected to close in early 2021.
DCCDL to acquire Hines stake in One Horizon for Rs 780 crore financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.