DLF stock price down 0.93 per cent as Sensex slides

Shares of DLF Ltd. fell 0.93 per cent to Rs 352.65 at 11:22AM hours (IST) on Monday. Earlier in the day, the stock saw a gap up start to the session.

As per data available on BSE, total traded quantity on the counter stood at 111,704 shares with a turnover of Rs 4.0 crore till 11:22AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 46.68, while the price-to-book value ratio stood at 2.59.

Return on equity (ROE) was at 4.12 per cent, according to exchange data. The stock hit an intraday high of Rs 363.85 and a low of Rs 351.5 during the session and quoted a 52-week high price of Rs 418.45 and a 52-week low of Rs 294.75.

The stock's beta value, which measures its volatility in relation to the broader market, stood at 1.85.

Technical Indicators

The 200-DMA (day moving average) of the stock stood at Rs 365.79 on January 30, while the 50-DMA was at Rs 384.12. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

The Relative Strength Index (RSI) of the stood at 31.02. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.

Promoter holding

As of 31-Dec-2022, promoters held 74.95 per cent stake in the company, while overseas investors held 14.84 per cent and domestic institutional investors had 5.0 per cent.