Share price of DLF jumps as Sensex gains 75.99 points
A total of 57,409 shares changed hands on the counter till 11:06AM (IST)
Share price of gained 1.46 per cent to Rs 837.4 at 11:06AM (IST) in Tuesday's trade. The scrip hit a high of Rs 841.0 and low of Rs 824.5 so far during the session. The stock had closed at Rs 825.3 in the previous session.The counter had a total traded volume of 11:06AM shares so far with a turnover of Rs 4.78 crore on . The stock traded at a price-to-earnings multiple of 75.9 and a price-to-book ratio of 5.64.
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 overseas investors 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 2316.7 crore for the quarter ended 31-Mar-2024, up 40.96 per cent from the previous quarter's Rs 1643.51 crore and up 47.03 per cent from the year-ago quarter's Rs 1575.7 crore.
Its profit for the latest quarter stood at Rs 920.71 crore, up 61.53 per cent from the same quarter a year ago.
Source: Stocks-Markets-Economic Times
