Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "DLF is now doing the wrong things. We were upbeat on DLF and Indiabulls Real Estate but together with the change in stance on the Nifty, DLF is turning around and from Rs 166 a target of Rs 160 could easily come in the next few days, so that is a weak stock."
At 14:26 hrs DLF was quoting at Rs 166.35, down Rs 2.30, or 1.36 percent. It has touched an intraday high of Rs 169.90 and an intraday low of Rs 165.50.
The share touched its 52-week high Rs 289.20 and 52-week low Rs 120.25 on 12 March, 2013 and 06 August, 2013, respectively. Currently, it is trading 42.48 percent below its 52-week high and 38.34 percent above its 52-week low. Market capitalisation stands at Rs 29,634.03 crore.
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