On Friday, Goldman Sachs purchased 21.70 lakh shares of DLF worth ₹115 crore through a block deal. ICICI Prudential Mutual Fund also acquired shares in a separate deal, totaling ₹115 crore. The overall transaction value reached ₹231 crore.
The shares were acquired at ₹531.7 each, a decrease of 2% from Thursday’s closing price of ₹542.45 on the NSE.
As of today, DLF shares settled at ₹540.70, down by ₹1.75 or 0.32%.
The sellers in this transaction included Best Investment Corporation and BG WW Asia EX Japan Fund A Sub Fund of Baillie Gifford Worldwide Funds Plc.
DLF shares have been underperforming, declining 22% over the past year, coinciding with a 19% dip in the Nifty Realty index.
In contrast, the benchmark indices Nifty and BSE Sensex have remained relatively stable over the same period.
The current trading price is below the 50-day and 200-day simple moving averages of ₹617 and ₹730, respectively, based on Trendlyne data.
For Q3 FY26, DLF reported a net profit of ₹1,207 crore, up from ₹1,055 crore in the same quarter last year, despite only achieving quarterly sales bookings of ₹419 crore due to fewer launches.
“We generated strong surplus cash of ₹3,876 crore during the quarter, allowing us to achieve our goal of zero gross debt. Our net cash position is ₹11,660 crore,” the company stated.
Consolidated profit for the quarter stood at ₹707 crore.
Additionally, DLF has added a new retail asset, DLF Summit Plaza in DLF5, Gurugram, to its annuity portfolio, reinforcing its retail presence to a total area of 5 million square feet.
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