DLF Stock Price: DLF shares fall 5.11 per cent in Monday’s trading session

The scrip had closed at Rs 252.5 in the previous session. The stock quoted a 52-week low of Rs 125.05 and a high of Rs 332.6. The company quoted a market-cap of Rs 59271.34 crore on the BSE.

On BSE, 786,908 shares have changed hands on the counter so far. At its prevailing price, the stock traded at -47.6 times its trailing 12-month EPS of Rs -5.03 per share and 0.99 times its book value. The return on equity (ROE) stood at Rs -1.69.

Key Financials

For the quarter ended 31-Dec-2020, DLF Ltd. reported consolidated sales of Rs 1668.22 crore, down 8.8 per cent from the same quarter a year ago. The company reported 8.98 per cent YoY growth in net profit at Rs 451.18 crore for the latest quarter.

Technical indicators

The relative strength index (RSI) of the stock stood at Monday. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.

Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a “buy” or “sell” recommendation using a single valuation ratio.