DLF Share Price: Shares of DLF rise as Nifty gains

Shares of Ltd. gained 3.23 per cent to Rs 386.95 in Tuesday’s trade as of 10:30AM (IST). It hit a high of Rs 390.7 and low of Rs 377.85 during the session.

The stock quoted a 52-week high price of Rs 449.8 and a low of Rs 189.6. The return on equity for the stock stood at 3.09 per cent. About 151,621 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 106.97 per cent in the past one year in comparison with a 32.47 per cent gain in Sensex.

Technicals

On the technical charts, the 200-day moving average (DMA) of the stock stood at Rs 189.6 on November 30, while the 50-DMA was at Rs 409.19. 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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