Dlf Share Price: DLF shares gain 1.55% as Sensex falls

Shares of Ltd. traded 1.55 per cent higher in Friday’s session at 10:31AM (IST). The stock opened at Rs 281.0 and has touched an intraday high and low of Rs 284.5 and Rs 280.75, respectively, during the session so far.

The stock quoted a 52-week high of Rs 332.6 and a 52-week low of 134.6. About 72,057 shares changed hands on the counter so far.

Benchmark Nifty50 was down 4.4 points at 15675.60, while the BSE Sensex traded 23.74 points lower at 52294.86 at the time of writing of this report.

In the Nifty pack, 23 stocks traded the day in the green, while 26 were in the red.

Key Financials

For the quarter ended 31-Mar-2021, the company reported consolidated sales of Rs 1906.59 crore, up 14.29 per cent from the previous quarter’s Rs 1668.22 crore and up 1.75 per cent from the year-ago quarter. The company reported net profit of Rs 480.94 crore for the latest quarter.


Promoter Holdings

Promoters held 74.95 per cent stake in the company as of 31-Mar-2021, while FIIs held 17.46 per cent and MFs 1.77 per cent.

Technicals

On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 244.17 on July 02, while the 50-DMA was at Rs 278.41. If a stock trades 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 as bearish trend and if trades between these averages, then it suggests the stock can go either way.

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