Biz integration disappoints DLF

DLF finally ended at Rs 365, down 4% from its previous close. The counter witnessed trades of 4.98 million shares as compared to the two-week daily average traded volumes of 2.46 million shares on the BSE.
___________________________________________________

(Updated at 1147hrs)

DLF slips 4% inspite of the merger of DLF Assets and DLF Cyber City Developers, a move which would enhance the cash flow through rental income.

The stock opened at Rs 377, touched a high of Rs 379 and fnally settled at Rs 365, down 4% from its previous close. The counter has clocked volumes of 2.15 million shares as compared to the two-week daily average traded volumes of 2.46 million shares on the BSE.