A total of 1,754 shares changed hands on the counter till 11:47AM (IST).
NEW DELHI: Shares of traded 0.55 per cent up in Friday's trade at 11:47AM (IST). Around 1,754 shares changed hands on the counter.The counter opened at Rs 2677.95 and touched an intraday high and low of Rs 2695.85 and Rs 2664.0, respectively, in the session so far. The stock of quoted a 52-week high of Rs 2843.0 and a 52-week low of Rs 1763.25.
Total market cap of the . stood at Rs 50288.49 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 5528.45 crore for the quarter ended 31-Mar-2024, up 10.56 per cent from previous quarter's Rs 5000.51 crore and up 12.59 per cent from the year-ago quarter's Rs 4910.06 crore.
The net profit for latest quarter stood at Rs 944.79 crore, up 300.96 per cent from the corresponding quarter last year.
Shareholding pattern
As of 31-Mar-2024, domestic institutional investors held 14.5 per cent stake in the firm, while foreign institutional investors held 6.17 per cent and the promoters 56.69 per cent.
Valuation ratio
According to data, the stock traded at a P/E multiple of 21.52 and a price-to-book ratio of 2.87. 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 Cement - Pan India industry.
Source: Stocks-Markets-Economic Times