Share price of InterGlobe falls as Sensex gains 471.3 points
A total of 32,966 shares changed hands on the counter till 01:33PM (IST)
Share price of . dropped 1.18 per cent to Rs 4316.55 at 01:33PM (IST) in Wednesday's trade. The stock hit a high of Rs 4394.85 and low of Rs 4285.0 so far during the session. The stock had closed at Rs 4368.2 in the previous session.The counter had a total traded volume of 01:33PM shares so far with a turnover of Rs 14.29 crore on . The stock traded at a price-to-earnings multiple of 20.76 and a price-to-book ratio of 68.53.
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 Airlines industry.
Promotor/FII Holding
Promoters held 57.29 per cent stake in the company as of 31-Mar-2024, while FIIs and domestic institutional investors ownership stood at 23.66 per cent and 15.03 per cent, respectively.
Key Financials
The firm reported consolidated net sales of Rs 18505.1 crore for the quarter ended 31-Mar-2024, down 7.76 per cent from the previous quarter's Rs 20062.25 crore and down 26.75 per cent from the year-ago quarter's Rs 14600.12 crore.
Its profit for the latest quarter stood at Rs 1894.82 crore, up 106.14 per cent from the same quarter a year ago.
Source: Stocks-Markets-Economic Times
