Once DLF was 3 times of its current size
Published in
1 min readJun 21, 2018
Before: In 2008
In 2008 DLF listed its share on BSE. Value of its share went up and up. It was valued at INR 2 lakh crore. It had doubled its value within a month. It became the fourth most valued company. Rediff
After: In 2018
It’s value crashed to INR 28,000 crore. It had to sell 45% of its stake to pair down the debt. It’s current debt is INR 20,000 crore.
It’s profit has come down by 75%. However, it says that it will manage the current state of affairs, and come out stronger. First Post