Friday, 13 March 2015

SAT quashes SEBI order against DLF; stock rises 9%

Shares in the company jumped as much as 9 per cent to top the 50-share Nifty blue chip index after the judgement was pronounced.

"We welcome this order and have full faith in the country's judicial system. We are in the process of studying the order and will comment accordingly," DLF said in a statement after the judgement.

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