Share price of DLF jumps as Sensex gains 571.05 points
Promoters held 74.08 per cent stake in the company as of 31-Dec-2023, while FII and DII ownership stood at 15.75 per cent and 4.12 per cent, respectively.
The share price of gained 1.36 per cent to Rs 885.5 at 11:47AM (IST) in Wednesday's trade. The scrip has hit a high of Rs 885.5 and low of Rs 875.05 so far during the session. The stock had closed at Rs 873.55 in the previous session.The counter has had a total traded volume of 42329 shares so far with a value of Rs 3.73 crore on the . It traded at a price-to-earnings multiple of 92.01 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 reflects the price investors are willing to pay even for no growth in the business.
The scrip gained 153.76 per cent during the past one year, while the 30-share index advanced 25.39 per cent during the same period.
belongs to the Real Estate industry.
Promotor/FII Holding
Promoters held 74.08 per cent stake in the company as of 31-Dec-2023, while foreign investors and domestic institutional investors ownership stood at 15.75 per cent and 4.12 per cent, respectively.
Key Financials
The company reported consolidated 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.
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
