DLF shares up 1.58% as Nifty gains
A total of 46,055 shares changed hands on the counter till 11:11AM (IST).
NEW DELHI: Shares of traded 1.58 per cent up in Tuesday's trade at 11:11AM (IST). Around 46,055 shares changed hands on the counter.The scrip opened at Rs 833.95 and touched an intraday high and low of Rs 847.85 and Rs 833.0, 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 461.55.
Total market cap of the . stood at Rs 209411.37 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 30-Jun-2024, DIIs held 3.46 per cent stake in the company, while foreign institutional investors held 16.16 per cent and the promoters 74.08 per cent.
Valuation ratio
According to data, the stock traded at a P/E multiple of 76.79 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
