DLF rises 1.23% as Sensex climbs

Shares of DLF Ltd. traded at Rs 374.4 on BSE at 11:38AM (IST) on Monday, up 1.23 per cent from previous close.

The stock quoted a 52-week low price of Rs 294.75 and a high of Rs 429.8.

Earlier, shares of the company saw a gap up opening in the morning.

A total of 48,448 lakh shares changed hands on the counter till 11:38AM (IST).

The stock of DLF Ltd. commanded a market value of Rs 92898.45 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 53.65, 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.

In the BSE500 pack, 412 stocks traded in the green, while 89 stocks were in the red.

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

Promotor/FII Holding
Promoters held 74.36 per cent in DLF Ltd. as of 31-Dec-2022 while overseas and domestic institutional investors owned 14.9 per cent and 3.3 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 366.7 on January 09, while the 50-DMA was at 391.55. If a stock trades below 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 as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.