DLF shares drop 2.09% as Sensex falls
A total of 104,588 shares changed hands on the counter till 12:59PM (IST)
Shares of traded 2.09 per cent down at Rs 823.2 at 12:59PM (IST) on Friday, even as benchmark dropped 480.55 points to 72616.73. The scrip had settled at Rs 840.8 in the previous session.The stock quoted a 52-week high and 52-week low of Rs 944.0 and Rs 342.05, respectively.
As per BSE data, total traded volume on the counter till 12:59PM (IST) stood at 12:59PM shares with turnover at Rs 8.65 crore.
At the current price, shares of the company trades at 84.9 times its trailing 12-month earnings per share of Rs 9.6 per share and 2.34 times its price-to-book value, BSE data showed.
A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. 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.
The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 1.85.
Shareholding Details
Promoters held 74.08 per cent stake in the company as of 31-Dec-2023, while FIIs owned 15.75 per cent and DIIs 5.46 per cent.
Source: Stocks-Markets-Economic Times
