DLF saw a massive 214% jump in sales bookings compared to the same period last year. Godrej Properties also reported a 283% increase in pre-sales.

DLF, Godrej Properties And Oberoi Realty Buck Sales Momentum In Q1

On the technical charts, the 200-day moving average of the stock stood at Rs 788.95.

Shares of DLF rise as Nifty gains

A total of 197,949 shares changed hands on the counter till time (IST).

DLF shares fall 4.1% as Nifty drops

Goa’s luxury villa market has seen increased demand from affluent buyers such as startup founders and sportspersons. Developers have shifted focus towards ultra-luxury projects to cater to this clientele. DLF is set to launch a project with high-cost villas, highlighting the trend of investment preference towards luxury holiday homes.

Goa calling! Sun, sand and now super luxury villas

The benchmark Nifty50 and Sensex closed over 1% lower on Friday, dragged by auto, energy, and IT stocks. The S&P BSE Sensex closed 1.08% lower at 80,981, while the NSE Nifty50 index ended below the 24,750 level.“The short-term trend of Nifty is down, but the near-term uptrend status of the market is intact. There is a possibility of some more weakness in the coming sessions down to 24,600-24,500 levels before showing any upside bounce from the lows. Immediate resistance is at 24,900 levels,” said Nagaraj Shetti of HDFC Securities.Here are 5 stock recommendations for Monday: Stock Ideas

Market Trading Guide: DLF, Sun Pharma among 5 stock recommendations for Monday - Stock Ideas

A total of 89,672 shares changed hands on the counter till 01:29PM (IST).

DLF shares down 2.16% as Nifty drops

Don’t Think Gurgaon Realty Market Has Become Frothy, This Isn’t Like 2008: DLF | CNBC TV18

A total of 46,597 shares changed hands on the counter till 10:30AM (IST)

DLF shares gain 0.69% as Sensex rises

A total of 84,284 shares changed hands on the counter till 01:44PM (IST).

Share price of DLF rises as Nifty strengthens

Stock Radar | DLF records breakout from Symmetrical Triangle on hourly charts; time to buy?

“DLF stock has shown a bullish breakout from its symmetrical triangle formation on the hourly chart, indicating a potential upward movement. Traders can buy for a target above 900 in the next few days,” Kkunal V. Parar, Vice-President of Technical Research and Algo, Choice Broking, said.

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

DLF Limited (DLF) is engaged in the business of real estate development activities. It's primary business is development of residential, commercial and retail properties.

DLF Ltd