Share price of DLF falls as Sensex drops 178.48 points
DLF Ltd. dropped 2.6 per cent to Rs 785.5 at 02:12PM (IST) in Tuesday's trade. The scrip hit a high of Rs 805.9 and low of Rs 777.65 so far during the session.
The stock had closed at Rs 806.55 in the previous session.
The counter had a total traded volume of 02:12PM shares so far with a turnover of Rs 11.77 crore on BSE. The stock traded at a price-to-earnings multiple of 86.36 and a price-to-book ratio of 2.34.
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 is the measure of the price that investors are ready to pay even for no growth in the business.
DLF Ltd.
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 5.46 per cent, respectively.
Key Financials The company reported consolidated sales of Rs 1476.42 crore for the quarter ended 30-Sep-2023, down 2.98 per cent from the previous quarter's Rs 1521.71 crore and down 8.52 per cent from the year-ago quarter's Rs 1360.5 crore.
