DLF shares fall 1.99 per cent in Thursday's trading session
DLF Ltd. fell 1.99 per cent to Rs 624.8 in Thursday's trade as of 01:54PM (IST) even as the benchmark Nifty ruled at 20106.75, up 10.15 points.
The scrip had closed at Rs 637.5 in the previous session.
The stock quoted a 52-week low of Rs 336.55 and a high of Rs 641.55. The company quoted a market-cap of Rs 154706.98 crore on the BSE.
On BSE, 60,353 shares have changed hands on the counter so far.
At its prevailing price, the stock traded at 69.1 times its trailing 12-month EPS of Rs 9.05 per share and 2.34 times its book value. The return on equity (ROE) stood at Rs 5.4.
Key Financials For the quarter ended 30-Sep-2023, DLF Ltd.
reported consolidated sales of Rs 1476.42 crore, down 8.52 per cent from the same quarter a year ago. The company reported 30.55 per cent YoY growth in net profit at Rs 622.78 crore for the latest quarter.
Technical indicators The relative strength index (RSI) of the stock stood at Thursday.
The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.
Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a «buy» or «sell» recommendation using a single valuation ratio.
