DLF declines 0.98% as Sensex slides
DLF Ltd. traded at Rs 524.0 on BSE at 12:48PM (IST) on Wednesday, down 0.98 per cent from previous close.
The scrip quoted a 52-week low price of Rs 336.55 and a high of Rs 544.45.
Earlier, the stock saw a gap down opening in the morning.
A total of 37,932 lakh shares changed hands on the counter till 12:48PM (IST).
The stock of DLF Ltd.
commanded a market value of Rs 129879.61 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 62.05, while the price-to-book value ratio stood at 2.34. Return on equity (ROE) was at 5.4 per cent, according to exchange data.
In the BSE500 pack, 152 stocks traded in the green, while 349 stocks were in the red.
The stock's beta value, which measures volatility in relation to the broader market, stood at 1.85.
Promotor/FII Holding Promoters held 74.36 per cent in DLF Ltd.
as of 30-Jun-2023 while foreign portfolio investors and domestic institutional investors owned 15.3 per cent and 3.44 per cent, respectively.
Moving averages
The 200-DMA of the stock stood at 431.11 on September 20, while the 50-DMA was at 500.28. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward.
