DLF share price: DLF shares fall 1.59% as Sensex rises

The shares of Ltd. fell 1.59% to Rs 404.35 in Thursday’s 12:45 am (IST) session, even as the benchmark Sensex shares traded 12.55 points higher at 57,800.58.

Earlier today, the title saw a gap at the start of the session. The stock listed a 52-week high of Rs 449.8 and a 52-week low of Rs 208.25 on NSE. About 96,089 shares changed hands on the clock until 12:45 p.m. (IST).

The action opened at Rs 414.5 and hit an intraday high and low of Rs 414.5 and Rs 403.35 during the session so far. The script cited a price-to-earnings (PE) ratio of 60.74, earnings per share (EPS) of Rs 6.66, and price-to-book (PB) of 2.01, while return on equity ( ROE) amounted to Rs 3.09.

Promoter / FII Holding
The promoters held 74.95% of the company’s capital as of December 16, while the holdings of FII and MF amounted to 17.62% and 2.35% respectively.

Key financial data

With a market capitalization of Rs 100113.98 crore, the company operates in the real estate sector. For the quarter ended Sep 30, 2021, the company reported consolidated sales of Rs 1,556.53 crore, up 25.3% from the previous quarter of Rs 1,242.27 crore and up 9.67% compared to the same quarter a year ago. The company reported net profit of Rs 378.95 crore for the most recent quarter, up 63.24% from the corresponding quarter last year.

Technical indicators
The Relative Strength Index (RSI) for the stock stands at 50.45. The RSI hovers between zero and 100. Traditionally, it is considered an overbought condition when the value of the RSI is above 70 and an oversold condition when it is below 30. Analysts say the RSI indicator should only not be viewed in isolation, as it may not be enough to take a trade call, in the same way that a fundamental analyst cannot give a ‘buy’ or ‘sell’ recommendation using a single valuation ratio .

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