Share price of DLF jumps as Sensex gains 165.68 points
A total of 83,632 shares changed hands on the counter till 01:28PM (IST)
Share price of gained 0.54 per cent to Rs 861.55 at 01:28PM (IST) in Wednesday's trade. The stock hit a high of Rs 862.55 and low of Rs 846.8 so far during the session. The stock had closed at Rs 856.85 in the previous session.The counter had a total traded volume of 01:28PM shares so far with a turnover of Rs 7.13 crore on . The stock traded at a price-to-earnings multiple of 93.28 and a price-to-book ratio of 2.34.
A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The 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.
Promotor/FII Holding
Promoters held 74.08 per cent stake in the company as of 31-Mar-2024, while FIIs and domestic institutional investors ownership stood at 16.53 per cent and 4.77 per cent, respectively.
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 the previous quarter's Rs 1476.42 crore and up 5.38 per cent from the year-ago quarter's Rs 1559.66 crore.
Its profit for the latest quarter stood at Rs 656.61 crore, up 26.46 per cent from the same quarter a year ago.
Source: Stocks-Markets-Economic Times
