In spite of its lackluster debut, DLF has got into the group of top 10 market-cap companies.
In early trade, DLF’s market capitalization was Rs 93719.71 crore. Ahead of ICICI Bank and State Bank of India (SBI), DLF emerges as the eight biggest Indian companies in terms of market capitalization.
DLF has also become the first realty business firm to enter the list of top 10 market-cap companies.
Four cement majors climbed from 0.69% to 4.87% on reports that cement firms were boosting prices by Rs 3-Rs 5 per 50 kilogram bag across India effective today.
Ambuja Cements gained 3.90% to Rs 129.25, ACC 4.87% to Rs 984, Grasim Industries 0.69% to Rs 2723, and UltraTech Cement 3.47% to Rs 914.95. In addition to price increase, ACC’s strong dispatches in June 2007 just gone by aided the rally.