DLF Share Value: Shares of DLF rise as Nifty beneficial properties

Shares of DLF Ltd. gained 1.5 per cent to Rs 531.45 in Friday’s commerce as of 12:07PM (IST). It hit a excessive of Rs 534.3 and low of Rs 524.55 through the session.

The inventory quoted a 52-week excessive worth of Rs 576.55 and a low of Rs 336.55. The return on fairness for the inventory stood at 5.4 per cent. About 73,785 shares have modified fingers on the counter up to now.

The inventory’s beta worth, which measures its volatility in relation to the broader market, stood at 1.85.

The scrip has been an outperformer, up 38.58 per cent prior to now one 12 months compared with a ten.73 per cent achieve in Sensex.

Technicals
On the technical charts, the 200-day shifting common (DMA) of the inventory stood at Rs 336.55 on October 27, whereas the 50-DMA was at Rs 523.66. If a inventory trades properly above 50-DMA and 200-DMA, it often means the instant development is upward. However, if the inventory trades properly beneath 50-DMA and 200-DMA each, it’s thought of a bearish development and if trades between these averages, then it suggests the inventory can go both means.

Promoter/FII Holding
Promoters held 74.08 per cent stake in DLF Ltd. as of 30-Sep-2023. Mutual funds and international institutional buyers held 3.92 per cent and 15.89 per cent stake.

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