Quick News Bit

DLF share price up 1.21 per cent

0
Shares of DLF Ltd. traded 1.21 per cent up at Rs 333.25 at around 11:16AM (IST) on Wednesday. The stock had closed at Rs 329.25 in the previous session. Equity benchmark Sensex traded 476.52 points higher at 53900.61 around the same time.

The scrip has climbed 7.1 per cent in the last one year till date, while the 30-share index has gained 9.75 per cent during the same period.

The stock’s 52-week high price stood at Rs 449.8 and the 52-week low price at Rs 231.95.

Trading volume on the counter stood at 107,614 shares, while it quoted a price-to-earnings ratio of 52.28, an EPS value of 6.37 and a price-to-book value of 2.01. In the Nifty50 pack, 30 stocks traded in the green, while 20 stocks were in the red.

Promoter/FII Holding
Promoters held 74.95 per cent stake in the company as of 31-Dec-2021, while foreign institutional investors and mutual funds’ ownership stood at 17.21 per cent and 2.63 per cent, respectively.

Key Financials
For the quarter ended 31-Dec-2021, the company reported consolidated sales of Rs 1686.92 crore, up 8.38 per cent from the previous quarter’s Rs 1556.53 crore and up 1.12 per cent from the year-ago quarter’s Rs 1668.22 crore. The company reported net profit of Rs 379.48 crore for the latest quarter.

Technical Indicators

The MACD signalled a bearish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect “buy” or “sell” opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.

For all the latest Business News Click Here 

 For the latest news and updates, follow us on Google News

Read original article here

Denial of responsibility! NewsBit.us is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.

Leave a comment