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• Shares of DLF Ltd. fell 1.99% despite the Nifty being up, with the stock trading at 69.1 times its trailing 12-month EPS and 2.34 times its book value.
• The company reported a 30.55% YoY growth in net profit for the latest quarter, and the relative strength index (RSI) of the stock stood at 62.28 on Thursday.
• Analysts caution against using the RSI indicator in isolation when making trading decisions.