Bengaluru, March 24 -- The country's largest real estate firm came into focus on Monday after the company announced plans to invest around Rs 40,000 crores in the housing sector.

Stock Performance

With a market capitalization of Rs 1.7 lakh crore, the shares of DLF Ltd opened nearly 3 percent higher at Rs 715 per share compared to the previous closing price of Rs 696.75. The stock retraced and was trading at Rs 706.20, marking a 1 percent increase from the previous close.

What Happened

According to news agency PTI, DLF Group met with analysts in Gurugram last week to provide an update on its current business status and medium-term plans.

DLF, India's largest real estate company has noted a Rs 40,000 crore investment over the next 4-5...