DLF has moved up 3% at Rs 217 on reports that the company will sell its shareholding in two IT SEZs in Pune and Noida for a combined value of Rs 1,300 crore.
“Blackstone is likely to buy the IT SEZ in Pune for Rs 900 crore, while a high net worth investor will buy the Noida IT Park for Rs 400 crore,” the Economic Times newspaper report suggests.
The stock opened at Rs 213 and touched a high of Rs 218 on the NSE. A combined 7.5 million shares have changed hands on the counter till 1103 hours, against an average 7.7 million shares traded daily in the past two weeks.