DLF Share Price: Shares of DLF fall as Nifty drops

Shares of Ltd. slipped 6.86 per cent to Rs 379.35 in Friday’s trade as of 02:01PM (IST). It hit a high of Rs 401.4 and low of Rs 376.0 during the session.

The stock quoted a 52-week high price of Rs 449.8 and a low of Rs 179.65. The return on equity for the stock stood at 3.09 per cent. About 527,558 shares have changed hands on the counter so far.

The stock’s beta value, which measures its volatility in relation to the broader market, stood at 1.85.



The scrip has been an outperformer, up 105.88 per cent in the past one year in comparison with a 30.0 per cent gain in Sensex.

Technicals

On the technical charts, the 200-day moving average (DMA) of the stock stood at Rs 179.65 on November 26, while the 50-DMA was at Rs 407.7. If a stock trades well above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades well below 50-DMA and 200-DMA both, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.

Promoter/FII Holding

Promoters held 74.36 per cent stake in DLF Ltd. as of 30-Sep-2021. Mutual funds and foreign institutional investors held 2.35 per cent and 17.0 per cent stake.

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