DLF shares down 1.0% as Nifty gains
A total of 115,280 shares changed hands on the counter till 12:32PM (IST).
NEW DELHI: Shares of traded 1.0 per cent down in Friday's trade at 12:32PM (IST). Around 115,280 shares changed hands on the counter.The counter opened at Rs 849.15 and touched an intraday high and low of Rs 854.1 and Rs 837.15, respectively, in the session so far. Shares of the company of quoted a 52-week high of Rs 967.0 and a 52-week low of Rs 461.55.
As per , the total market cap of the . stood at Rs 210191.09 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 2316.7 crore for the quarter ended 31-Mar-2024, up 40.96 per cent from previous quarter's Rs 1643.51 crore and up 47.03 per cent from the year-ago quarter's Rs 1575.7 crore.
The net profit for latest quarter stood at Rs 920.71 crore, up 61.53 per cent from the same quarter a year ago.
Shareholding pattern
As of 31-Mar-2024, domestic institutional investors held 3.5 per cent stake in the firm, while foreign institutional investors held 16.53 per cent and the promoters 74.08 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 77.07 and a price-to-book ratio of 5.64. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
. belongs to the Real Estate industry.
Source: Stocks-Markets-Economic Times
