Just yesterday, the CCI ordered preliminary probes into DLF's Skycourt and Regal Garden projects in Gurgaon for allegedly abusing its dominant position.
In a setback for DLF , the Supreme Court has refused to restrain the Competition Commission of India from passing orders against DLF's housing projects in Gurgaon.
Just yesterday, the CCI ordered preliminary probes into DLF's Skycourt and Regal Garden projects in Gurgaon for allegedly abusing its dominant position.
DLF contested this in the court on Wednesday arguing that CCI should not pass further orders as the court is hearing several appeals relating to three other Gurgaon projects - Belaire, Magnolia and Park Place.
DLF stock price
On February 11, 2015, DLF closed at Rs 158.70, up Rs 0.75, or 0.47 percent. The 52-week high of the share was Rs 242.80 and the 52-week low was Rs 100.00.
The company's trailing 12-month (TTM) EPS was at Rs 4.83 per share as per the quarter ended December 2014. The stock's price-to-earnings (P/E) ratio was 32.86. The latest book value of the company is Rs 93.40 per share. At current value, the price-to-book value of the company is 1.70.
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SC refuses to restrain CCI from passing orders against DLF
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