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Free stock tips & calls |
Free stock tips : Today, Shares of realty major DLF burst 2 per-cent to Rs 140 hours before the company's board was to meet to decide the way forward for its rental business.
The company told that it is planning to raise about $1.5 billion by selling part of its rental business & make use of that money to pare debt by nearly 50 per-cent.
The company told that it is planning to raise about $1.5 billion by selling part of its rental business & make use of that money to pare debt by nearly 50 per-cent.
Should the move gets a go-ahead from the board, 40 per-cent of the promoters' stake in the rental subsidiary is likely to be offloaded.
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