Share price of DLF falls as Sensex drops 263.21 points
DLF Ltd. dropped 1.31 per cent to Rs 477.3 at 12:43PM (IST) in Friday's trade.
The stock hit a high of Rs 483.4 and low of Rs 473.2 so far during the session. The stock had closed at Rs 483.65 in the previous session.
The counter had a total traded volume of 12:43PM shares so far with a turnover of Rs 267.0 crore on BSE.
The stock traded at a price-to-earnings multiple of 56.49 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 74.95 per cent stake in the company as of 30-Jun-2023, while FIIs and domestic institutional investors ownership stood at 15.3 per cent and 4.82 per cent, respectively.
Key Financials The firm reported consolidated net sales of Rs 1521.71 crore for the quarter ended 30-Jun-2023, down 3.43 per cent from the previous quarter's Rs 1575.7 crore and down 0.36 per cent from the year-ago quarter's Rs 1516.28 crore.
Its profit for the latest quarter stood at Rs 527.0 crore, up 12.23 per cent from the same quarter a year ago.
