DLF Share Price: DLF shares drop 1.15% as Sensex falls
On the technical charts, the RSI of the stock stood at 66.29.
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On the technical charts, the RSI of the stock stood at 66.29.
The stock quoted a 52-week high price of Rs 506.25 and low of Rs 294.75.
India's property stocks are expected to continue growing due to the possibility of an interest rate cut by the central bank next year, as well as sustained demand for properties and improving earnings for large companies.
DLF officials also said that there has been a trend of office spaces being taken up by global capability centres when compared to third party IT and IT- enabled service providers.
The board of directors of DLF Ltd has approved the recommendation of Dividend of Rs. 4/- each per equity share i.e., 200% of face value of Rs. 2/- each for the FY 2022-23, subject to approval of the shareholders.