Sudarshan Sukhani of s2analytics.com told CNBC-TV18, “DLF is a buying opportunity. The context is that the Nifty itself is a little dull. If the markets take off then certainly rate sensitives at current levels would become very attractive. But it is okay, you can still go for a long position in DLF, keep a tight stop loss.”
DLF touched its 52-week high Rs 289.20 and 52-week low Rs 169.55 on 12 March, 2013 and 04 June, 2012, respectively. Currently, it is trading 21.47 percent below its 52-week high and 33.94 percent above its 52-week low. Market capitalisation stands at Rs 38,577.91 crore. Disclosure: He does not hold the stock discussed.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!