Goldman Sachs, ICICI Pru MF through block deal of Rs. 231 crore buys DLF shares

Goldman Sachs on Friday bought DLF through a block deal of Rs. 21.70 lakh shares worth 115 crores were bought. ICICI Prudential Mutual Fund was the other buyer of the company’s shares in a separate deal, also valued at Rs. 115 crores. The deal size between them is Rs. 231 crore was.

Share Rs. 531.7 were bought at a price of Rs. was down 2% from the closing price of 542.45.

Today the share is Rs. 1.75 or a decrease of 0.32% to Rs. settled at 540.70.

The sellers in the deal were Best Investment Corporation and BG WW Asia EX Japan Fund A Sub Fund of Baillie Gifford Worldwide Funds Plc.

DLF’s shares have been the underperformer in the market, falling 22% in a one-year period. Nifty realty followed the realty sector with a 19% decline over the same period.

Meanwhile, the benchmark Nifty and BSE Sensex have remained flat over the one-year period.

According to Trendlyne data, the stock is currently trading at its 50-day and 200-day simple moving averages of Rs. 617 and Rs. Trading below 730.

DLF reported during Q3 FY26 Rs. 1,207 crore in net profit, up from Rs. 1,055 crore as against, due to lack of launch it only made Rs. 419 crore recorded quarterly sales bookings.

“We delivered strong surplus cash generation of Rs 3,876 crore during the quarter leading to successful achievement of our set target of achieving zero gross debt level. Net cash position stood at Rs 11,660 crore,” the company said in a statement.

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Consolidated profit for the quarter stood at Rs. 707 crores.

DLF added DLF5, DLF Summit Plaza, DLF Summit Plaza in Gurugram to the annuity portfolio, strengthening its retail presence in a cumulative area of ​​5 msf.

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