Dlf Share Price: DLF shares gain 1.71% as Sensex rises

Shares of Ltd. traded 1.71 per cent higher in Monday’s session at 10:05AM (IST). The stock opened at Rs 345.9 and has touched an intraday high and low of Rs 349.5 and Rs 343.85, respectively, during the session so far.

The stock quoted a 52-week high of Rs 359.1 and a 52-week low of 140.0. About 104,361 shares changed hands on the counter so far.

Benchmark Nifty50 was up 76.35 points at 16314.55, while the BSE Sensex traded 271.14 points higher at 54548.86 at the time of writing of this report.

In the Nifty pack, 40 stocks traded the day in the green, while 9 were in the red.

Key Financials

For the quarter ended 30-Jun-2021, the company reported consolidated sales of Rs 1242.27 crore, down 34.84 per cent from the previous quarter’s Rs 1906.59 crore and down 92.01 per cent from the year-ago quarter. The company reported net profit of Rs 337.1 crore for the latest quarter.


Promoter Holdings

Promoters held 74.95 per cent stake in the company as of 30-Jun-2021, while FIIs held 17.17 per cent and MFs 2.02 per cent.

Technicals

On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 265.39 on August 09, while the 50-DMA was at Rs 311.02. 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.

Source Link