DLF shares up 3.9% as Nifty gains

DLF shares up 3.9% as Nifty gains
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Synopsis

A total of 315,354 shares changed hands on the counter till 10:31AM (IST).

ETMarkets.com
NEW DELHI: Shares of Ltd. traded 3.9 per cent up in Thursday's trade at 10:31AM (IST). Around 315,354 shares changed hands on the counter.

The counter opened at Rs 292.05 and touched an intraday high and low of Rs 302.5 and Rs 292.0, respectively, in the session so far. The stock of DLF Ltd. quoted a 52-week high of Rs 332.6 and a 52-week low of Rs 134.6.

As per BSE, the total market cap of the DLF Ltd. stood at Rs 74568.77 crore at the time of writing this report.

Did you Know?

Stock score of DLF Ltd moved down by 2 in 3 months.

View Latest Stock Report  »

Key Financials
The company reported consolidated sales of Rs 1668.22 crore for the quarter ended 31-Dec-2020, down 3.18 per cent from previous quarter's Rs 1723.09 crore and down 8.8 per cent from the year-ago quarter's Rs 1533.34 crore.

The net profit for latest quarter stood at Rs 451.18 crore, up 8.98 per cent from the corresponding quarter last year.

Shareholding pattern
As of 31-Mar-2021, domestic institutional investors held 1.77 per cent stake in the company, while foreign institutional investors held 17.39 per cent and the promoters 74.36 per cent.


Valuation ratio
According to BSE data, the stock traded at a P/E multiple of -59.89 and a price-to-book ratio of 0.99. 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. belongs to the Real Estate industry.

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