If you’re looking for a solid investment that will give you consistent returns, look no further than DLF. This company has a long history of success, and its share price reflects that. While there may be some ups and downs in the future, the overall trend is positive, making DLF a great choice for investors.
What is the current share price of DLF on the NSE
DLF is one of the largest real estate developers in India. It is the flagship company of the DLF Group and has developed numerous residential, commercial and retail properties in the country. The current share price of DLF on the NSE is Rs. 154.85.
How has the share price of DLF performed over the last year
The share price of DLF has performed well over the last year. The stock is up nearly 20% from its 52-week low and is currently trading at its highest level in nearly two years.
Investors have been bullish on DLF shares since the company announced a major asset sale in February. The deal, which is still awaiting regulatory approvals, will see DLF sell its entire stake in a subsidiary to a consortium of investors for Rs 11,900 crore.
The proceeds from the sale will be used to reduce DLF’s massive debt burden, which stood at Rs 24,000 crore as of December 31, 2016. This move will improve DLF’s financial flexibility and help it focus on its core business of real estate development.
The market has also been encouraged by DLF’s recent efforts to improve its corporate governance standards. In March, the company appointed two independent directors to its board, bringing the total number of independent directors to four.
DLF shares have outperformed the broader market this year and are up nearly 30% year-to-date. The stock is currently trading at Rs 196, which is close to its 52-week high of Rs 200.
What factors have affected DLF’s share price in the past
In the past, DLF’s share price has been affected by a variety of factors, including the company’s financial performance, the overall market conditions, and investor sentiment.
DLF is an Indian real estate company that was founded in 1946. The company’s share price has been volatile in recent years, but it has generally trended upwards. In early 2018, DLF’s share price reached an all-time high of Rs. 525. However, the stock has since fallen back to around Rs. 350-400 per share.
There are several reasons why DLF’s share price has fluctuated in the past. Firstly, the company’s financial performance has had a direct impact on its share price. For example, in FY2017, DLF reported a profit of Rs. 2,990 crore, which was a significant increase from the previous year’s profit of Rs. 1,715 crore. This strong financial performance helped to boost DLF’s share price.
Secondly, market conditions have also played a role in determining DLF’s share price. When the overall market is doing well, DLF’s share price tends to rise. However, when market conditions are weak, DLF’s stock price usually falls.
Lastly, investor sentiment is another important factor that can impact DLF’s share price. If investors are confident about the company’s prospects, they are more likely to buy its shares, driving up the price. On the other hand, if investors are worried about DLF’s future, they may sell its shares, leading to a decline in the stock price.
What is the history of DLF’s share price on the NSE
The history of DLF’s share price on the NSE can be traced back to its listing in 2007. Since then, the stock has been on a roller coaster ride, hitting a high of ₹351.40 in January 2008 and a low of ₹53.90 in March 2009. The stock has recovered since then and is currently trading at around ₹140.
How do analysts expect DLF’s share price to perform in the future
DLF’s share price is expected to continue to rise in the future as the company’s fundamentals remain strong. The company has a strong balance sheet with low leverage, and its robust operational performance is expected to continue. Analysts believe that DLF is well-positioned to take advantage of the growing demand for real estate in India, and its share price is expected to continue to reflect this positive outlook.
What is the dividend yield of DLF’s shares
Dividend yield is a ratio that shows how much a company pays out in dividends each year relative to its share price. For example, a company with a dividend yield of 3% would pay $0.30 in dividends per share if its shares were trading at $10.
DLF’s dividend yield is 2.6%.
What is the 52-week high and low for DLF’s shares on the NSE
The 52-week high and low for DLF’s shares on the NSE is a measure of the company’s stock price performance over the past year. The 52-week high is the highest price that the stock has traded at during the past year, while the 52-week low is the lowest price that the stock has traded at during the past year.
DLF’s shares have been on a roller coaster ride over the past year, with the stock hitting a 52-week high of Rs. 293.50 in May 2019 and a 52-week low of Rs. 152.30 in December 2019. The stock has recovered some ground since its 52-week low, and is currently trading at Rs. 188.05.
Investors who bought DLF shares at the 52-week low have seen their investment increase by 23.48% so far. However, those who bought at the 52-week high have seen their investment decline by 35.59%. Overall, it has been a volatile year for DLF shareholders.
What is the market capitalization of DLF
DLF is one of the largest real estate developers in India with a market capitalization of over Rs. 60,000 crore. It is the flagship company of the DLF Group and was founded in 1946 by chairperson Rakesh Kapoor. The company has developed numerous residential, commercial and retail properties in India. Some of its notable developments include the DLF Cyber City in Gurgaon and the DLF Place in Saket, Delhi. The company also has a significant presence in other countries such as the United Arab Emirates, Oman and Sri Lanka.
Which brokerages cover DLF’s shares on the NSE
DLF Limited is an Indian real estate developer and India’s largest real estate company. The company was founded by Rakesh Wadhawan and K.P. Singh in 1946 as a public limited company. It went public in 2007 and is now listed on the National Stock Exchange of India (NSE). The company’s share price is covered by several brokerages, including HDFC Securities, ICICI Securities, Edelweiss Broking, and Motilal Oswal Securities.
Are there any upcoming events that could impact DLF’s share price on the NSE
DLF is India’s largest real estate company with a revenue of Rs. 24,083 crore in FY19. The company has a strong presence in residential, commercial and retail segments. It has developed some of the most iconic landmarks in India such as the Connaught Place in New Delhi and the Cyber City in Gurgaon. The company’s shares are listed on the National Stock Exchange (NSE) and its share price has been volatile in recent years.
There are several upcoming events that could impact DLF’s share price on the NSE. First, the company is scheduled to report its earnings for the quarter ended March 31, 2019 on May 14, 2019. Analysts expect DLF to report a profit of Rs. 474 crore for the quarter, compared to a loss of Rs. 241 crore in the same period last year. Second, DLF is planning to launch its initial public offering (IPO) of its rental arm, DLF Cyber City Developers Limited (DCCDL), on May 21, 2019. The IPO is expected to raise Rs. 11,250 crore and will be one of the largest IPOs in India in 2019. Third, DLF is also planning to sell its 40% stake in its joint venture with Singapore’s sovereign wealth fund, GIC, which owns several office buildings in India. The sale is expected to be completed by June 2019 and would give DLF a much-needed cash infusion.
All three of these events have the potential to move DLF’s share price on the NSE. If the company reports strong earnings and the DCCDL IPO is successful, DLF’s share price is likely to rise. However, if the GIC sale does not go through or if the DCCDL IPO is not well-received, DLF’s share price could come under pressure.