DLF shares up 1.24% as Sensex rises

economictimes.indiatimes.com:

DLF Ltd. gained 1.24 per cent to Rs 656.8 in Friday's session as of 10:20AM (IST) even as the equity benchmark Sensex traded 300.57 points higher at 69822.26.
Earlier in the day, the stock witnessed a gap up start to the session.

The stock quoted a 52-week high price of Rs 663.9 and a 52-week low of Rs 336.55 on NSE. Around 67397 shares changed hands on the counter till 10:20AM (IST).
The stock opened at Rs 651.85 and has touched an intraday high and low of Rs 663.9 and Rs 650.9 during the session so far.

The stock quoted a price-to-earnings (PE) ratio of 72.48, earnings per share (EPS) of Rs 9.05 and price to book value (PB) of 2.34, while the return on equity (ROE) stood at Rs 5.4.
Promoter/ FII Holding
The promoters held 74.08 per cent stake in the company as of December 08, while FII and MF ownerships stood at 15.89 per cent and 3.92 per cent, respectively.
Key Financials With a market capitalisation of Rs 162293.81 crore, the company operates in the Real Estate industry.

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 same quarter a year ago. The company reported net profit of Rs 622.78 crore for the latest quarter, up 30.55 per cent from the corresponding quarter last year.
Technical Indicators The relative strength index (RSI) of the stock stands at 71.67.

The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold condition 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