DLF shares down 1.34% as Nifty drops
A total of 86,831 shares changed hands on the counter till 02:09PM (IST).
NEW DELHI: Shares of traded 1.34 per cent down in Tuesday's trade at 02:09PM (IST). Around 86,831 shares changed hands on the counter.The stock opened at Rs 949.0 and touched an intraday high and low of Rs 949.0 and Rs 930.25, respectively, in the session so far. The stock of quoted a 52-week high of Rs 967.0 and a 52-week low of Rs 357.05.
Total market cap of the . stood at Rs 231565.41 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 1643.51 crore for the quarter ended 31-Dec-2023, up 11.32 per cent from previous quarter's Rs 1476.42 crore and up 5.38 per cent from the year-ago quarter's Rs 1559.66 crore.
The net profit for latest quarter stood at Rs 656.61 crore, up 26.46 per cent from the same quarter a year ago.
Shareholding pattern
As of 31-Dec-2023, DIIs held 4.12 per cent stake in the company, while foreign institutional investors held 15.75 per cent and the promoters 74.08 per cent.
Valuation ratio
According to data, the stock traded at a P/E multiple of 97.44 and a price-to-book ratio of 2.34. 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
