DLF shares up 0.13% as Nifty drops
DLF Ltd. traded 0.13 per cent up in Monday's trade at 10:47AM (IST).
Around 100,073 shares changed hands on the counter.
The scrip opened at Rs 533.0 and touched an intraday high and low of Rs 535.0 and Rs 528.55, respectively, in the session so far. The stock of DLF Ltd.
quoted a 52-week high of Rs 544.45 and a 52-week low of Rs 336.55.
As per BSE, the total market cap of the DLF Ltd. stood at Rs 132095.01 crore at the time of writing this report.
Key Financials The company reported consolidated net sales of Rs 1521.71 crore for the quarter ended 30-Jun-2023, down 3.43 per cent from previous quarter's Rs 1575.7 crore and down 0.36 per cent from the year-ago quarter's Rs 1516.28 crore.
The net profit for latest quarter stood at Rs 527.0 crore, up 12.23 per cent from the same quarter a year ago.
Shareholding pattern As of 30-Jun-2023, DIIs held 3.44 per cent stake in the firm, while foreign institutional investors held 15.3 per cent and the promoters 74.36 per cent.
Valuation ratio According to BSE data, the stock traded at a price-to-earnings multiple of 63.1 and a price-to-book ratio of 2.34.
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.
DLF Ltd.
