Share price of DLF jumps as Sensex gains 142.91 points

Share price of DLF jumps as Sensex gains 142.91 points
ETMarkets.com
Rate Story
Share
Font Size
Save
Comment
Synopsis

A total of 69,621 shares changed hands on the counter till 11:57AM (IST)

Getty Images
Retail and banking stocks rose 0.5 per cent and 0.7 per cent, respectively.
Share price of . gained 0.09 per cent to Rs 331.0 at 11:57AM (IST) in Tuesday's trade. The scrip hit a high of Rs 333.75 and low of Rs 328.3 so far during the session. The stock had closed at Rs 330.7 in the previous session.

The counter had a total traded volume of 11:57AM shares so far with a turnover of Rs 2.3 crore on BSE. The stock traded at a price-to-earnings multiple of 54.49 and a price-to-book ratio of 2.59.

A higher price-to-earnings 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 31-Mar-2022, while FIIs and domestic institutional investors ownership stood at 16.35 per cent and 3.14 per cent, respectively.

Key Financials
The firm reported consolidated net sales of Rs 1652.13 crore for the quarter ended 31-Mar-2022, down 2.06 per cent from the previous quarter's Rs 1686.92 crore and down 13.35 per cent from the year-ago quarter's Rs 1906.59 crore.

Its profit for the latest quarter stood at Rs 405.33 crore, down 15.72 per cent from the same quarter a year ago.
Print Edition

Read the Print Edition now!

Indulge in digital reading experience of ET newspaper exactly as it is.

Read Now

Read More News on

(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

Download The Economic Times News App to get Daily Market Updates & Live Business News.

...more
Pick the best stocks for yourself
Powered by
Read before you invest. Insights on DLF Ltd.. Explore Now