The ban has effected investors as Rs 7,300 crore of investors'
wealth with its market cap now at Rs 18,702 crore, came down from
Rs 26,141 crore as of Monday's close. The stock crashed at 29 per
Many brokerages on Tuesday cautioned investors about the drop.
Recently DLF even had to pay a fine of Rs 630 crore for misusing its position in three Gurgaon societies and one of its land deals in Wazirabad was recently cancelled.
The ban could also affect the state of Haryana as most of DLF projects are in the state.