Share price of DLF as Sensex drops 541.46 points
DLF Ltd. 2.56 per cent to Rs 744.90 at 12:17PM (IST) in Wednesday's trade. The stock has hit a high of Rs 769.45 and low of Rs 744.50 so far during the session. The stock had closed at Rs 764.50 in the previous session.
The counter has had a total traded volume of 50887 shares so far with a value of Rs 3.84 crore on the NSE. It traded at a price-to-earnings multiple of 51.33 and a price-to-book ratio of 5.64.
A higher P/E 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 22.31 per cent during the past one year, while the 30-share index advanced 22.309999465942383 per cent during the same period.
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