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    DLF rises 1.22% as Sensex slides

    Synopsis

    The stock traded at a P/E multiple of 57.58, while the price-to-book value ratio stood at 2.34.

    stock-market-5---GettyGetty Images
    Shares of DLF Ltd. traded at Rs 474.0 on BSE at 11:07AM (IST) on Tuesday, up 1.22 per cent from previous close.

    The stock quoted a 52-week low price of Rs 294.75 and a high of Rs 478.55.

    Earlier, the stock saw a gap up opening in the morning.

    A total of 330,738 lakh shares changed hands on the counter till 11:07AM (IST).

    The stock of DLF Ltd. commanded a market value of Rs 117218.39 crore, according to BSE.

    The stock traded at a price-to-earning (P/E) multiple of 57.58, while the price-to-book value ratio stood at 2.34. Return on equity (ROE) was at 5.4 per cent, according to exchange data.

    In the BSE500 pack, 344 stocks traded in the green, while 157 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-Mar-2023 while foreign and domestic institutional investors owned 14.66 per cent and 3.71 per cent, respectively.

    Moving averages
    The 200-DMA of the stock stood at 381.1 on May 16, while the 50-DMA was at 391.67. 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.



    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

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    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
    The Economic Times

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