DLF’s market cap increases by ₹7,161 crore as shares jump nearly 4%

DLF Limited saw its shares rise by 3.74% today, closing at ₹802.90 per share. This surge led to a notable increase in the company’s market capitalization, adding ₹7,161 crore, bringing the total market cap to ₹1,98,743.04 crore.

Key Highlights:

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  • Opening Price: The stock opened at ₹780.55 and reached an intraday high of ₹806.70.
  • Trading Volume: Approximately 27.52 lakh shares were traded, translating to a trading value of ₹218.79 crore.
  • Market Sentiment: The positive momentum aligns with increased interest in the residential and commercial real estate sector, supported by DLF’s robust project pipeline.

Investor Insight:

DLF’s performance today highlights its steady recovery from its 52-week low of ₹619.25. The improved investor confidence reflects optimism about the company’s strategic direction and its ability to capitalize on the real estate sector’s growth.

Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions.

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