InterGlobe shares down 0.81% as Nifty gains
A total of 15,237 shares changed hands on the counter till 12:58PM (IST).
NEW DELHI: Shares of . traded 0.81 per cent down in Tuesday's trade at 12:58PM (IST). Around 15,237 shares changed hands on the counter.The stock opened at Rs 4367.15 and touched an intraday high and low of Rs 4367.15 and Rs 4280.0, respectively, in the session so far. Shares of the company of . quoted a 52-week high of Rs 4391.0 and a 52-week low of Rs 2230.45.
As per , the total market cap of the Ltd. stood at Rs 168562.68 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 20062.25 crore for the quarter ended 31-Dec-2023, up 29.41 per cent from previous quarter's Rs 15502.94 crore and up 30.19 per cent from the year-ago quarter's Rs 15410.2 crore.
The net profit for latest quarter stood at Rs 2998.12 crore, up 110.75 per cent from the corresponding quarter last year.
Shareholding pattern
As of 31-Mar-2024, domestic institutional investors held 12.38 per cent stake in the firm, while foreign institutional investors held 23.66 per cent and the promoters 37.91 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 23.42 and a price-to-book ratio of -11.79. 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.
Ltd. belongs to the Airlines industry.
Source: Stocks-Markets-Economic Times
