ICRA revises outlook of DLF Limited to stable from positive

ICRA has reaffirmed Long Term Rating as A+, the outlook has been revised from positive to stable. There has been no change in the short term rating, it has been reaffirmed as A1.

The change in outlook follows the outbreak of COVID-19 pandemic, with ongoing pan India lockdown and consequent economic uncertainties.

Shares of DLF LTD. was last trading in BSE at Rs.138.85 as compared to the previous close of Rs. 137.15. The total number of shares traded during the day was 310496 in over 2788 trades.

The stock hit an intraday high of Rs. 140.3 and intraday low of 136.8. The net turnover during the day was Rs. 43050378.

Source : Equity Bulls

Keywords