DLF shares gain 0.12% as Sensex rises
The stock quoted a 52-week high of Rs 967.0 and a 52-week low of Rs 440.25.
Shares of traded 0.12 per cent higher in Tuesday's session at 12:13PM (IST). The stock opened at Rs 847.9 and has touched an intraday high and low of Rs 852.35 and Rs 831.0, respectively, during the session so far.The stock quoted a 52-week high of Rs 967.0 and a 52-week low of 440.25. About 148,058 shares changed hands on the counter so far.
Benchmark Nifty50 was up 88.41 points at 22192.45, while the BSE traded 250.71 points higher at 73026.84 at the time of writing of this report.
In the pack, 34 stocks traded the day in the green, while 16 were in the red.
Key Financials
For the quarter ended 31-Mar-2024, the company reported consolidated sales of Rs 2316.7 crore, up 40.96 per cent from the previous quarter's Rs 1643.51 crore and up 47.03 per cent from the year-ago quarter. The company reported net profit of Rs 920.71 crore for the latest quarter.
Promoter Holdings
Promoters held 74.08 per cent stake in the company as of 31-Mar-2024, while FIIs held 16.53 per cent and MFs 3.5 per cent.
Technicals
On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 694.18 on May 14, while the 50-DMA was at Rs 882.19. 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 well below 50-DMA and 200-DMA both, it is considered as bearish trend and if trades between these averages, then it suggests the stock can go either way.
Source: Stocks-Markets-Economic Times
