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DLF Ltd Slips 8 48%, S&P BSE Realty Index index Shed 6 73%

DLF Ltd Slips 8 48%, S&P BSE Realty Index index Shed 6 73%
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Real Estate shares rise

Real Estate stocks were trading with gains, with the S&P BSE Realty Index index rising 13.51 points or 0.51% at 2671.87 at 09:49 IST. Among the components of the S&P BSE Realty Index index, Indiabulls Real Estate Ltd (up 2.01%), Prestige Estates Projects Ltd (up 1.85%),Sobha Ltd (up 1.18%),DLF Ltd (up 0.73%),Godrej Properties Ltd (up 0.52%), were the top gainers. Among the other gainers were Sunteck Realty Ltd (up 0.31%), Oberoi Realty Ltd (up 0.31%), and Phoenix Mills Ltd (up 0.24%). On the other hand, Brigade Enterprises Ltd (down 0.79%), and Mahindra Lifespace Developers Ltd (down 0.51%) moved lower. At 09:49 IST, the S&P BSE Sensex was down 77.87 or 0.16% at 49668.34.

Real Estate stocks fall

Real Estate stocks were trading in red, with the S&P BSE Realty Index index decreasing 95.57 points or 3.57% at 2582.59 at 13:49 IST. Among the components of the S&P BSE Realty Index index, Phoenix Mills Ltd (down 4.87%), DLF Ltd (down 4.65%),Indiabulls Real Estate Ltd (down 3.97%),Sobha Ltd (down 3.16%),Oberoi Realty Ltd (down 3.15%), were the top losers. Among the other losers were Prestige Estates Projects Ltd (down 2.87%), Godrej Properties Ltd (down 2.7%), Mahindra Lifespace Developers Ltd (down 2.39%), Brigade Enterprises Ltd (down 2.04%), and Sunteck Realty Ltd (down 1.55%). At 13:49 IST, the S&P BSE Sensex was down 880.69 or 1.76% at 49149.14. The Nifty 50 index was down 240.3 points or 1.62% at 14627.05.

Godrej Properties Ltd Slips 2 75%

Godrej Properties Ltd has lost 9.23% over last one month compared to 6.86% fall in S&P BSE Realty Index index and 0.91% drop in the SENSEX Godrej Properties Ltd fell 2.75% today to trade at Rs 1369.55. The S&P BSE Realty Index index is down 0.74% to quote at 2650.65. The index is down 6.86 % over last one month. Among the other constituents of the index, Mahindra Lifespace Developers Ltd decreased 1.28% and Phoenix Mills Ltd lost 0.98% on the day. The S&P BSE Realty Index index went up 100.39 % over last one year compared to the 76.33% surge in benchmark SENSEX. Godrej Properties Ltd has lost 9.23% over last one month compared to 6.86% fall in S&P BSE Realty Index index and 0.91% drop in the SENSEX. On the BSE, 8593 shares were traded in the counter so far compared with average daily volumes of 38984 shares in the past one month. The stock hit a record high of Rs 1573.45 on 01 Mar 2021. The stock hit a 52-week low of Rs 575.1 on 19 May 2020.

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