Share price of DLF jumps as Sensex gains 396.94 points
DLF Ltd. gained 0.38 per cent to Rs 528.05 at 10:55AM (IST) in Thursday's trade. The scrip hit a high of Rs 532.65 and low of Rs 523.2 so far during the session.
The stock had closed at Rs 526.0 in the previous session.
The counter had a total traded volume of 10:55AM shares so far with a turnover of Rs 1.83 crore on BSE. The stock traded at a price-to-earnings multiple of 62.33 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 company 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.
