DLF shares gain 1.15% as Sensex falls
DLF Ltd. traded 1.15 per cent higher in Thursday's session at 10:45AM (IST). The stock opened at Rs 633.0 and has touched an intraday high and low of Rs 640.0 and Rs 632.6, respectively, during the session so far.
The stock quoted a 52-week high of Rs 640.95 and a 52-week low of 336.55. About 27,316 shares changed hands on the counter so far.
Benchmark Nifty50 was down 5.9 points at 19805.95, while the BSE Sensex traded 8.83 points lower at 66014.41 at the time of writing of this report.
In the Nifty pack, 18 stocks traded the day in the green, while 30 were in the red.
Key Financials For the quarter ended 30-Sep-2023, the company reported consolidated sales of Rs 1476.42 crore, down 2.98 per cent from the previous quarter's Rs 1521.71 crore and down 8.52 per cent from the year-ago quarter. The company reported net profit of Rs 622.78 crore for the latest quarter.
Promoter Holdings Promoters held 74.08 per cent stake in the company as of 30-Sep-2023, while FIIs held 15.89 per cent and MFs 3.92 per cent.
Technicals On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 472.44 on November 23, while the 50-DMA was at Rs 563.94. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward.
