DLF shares gain 2.29% as Sensex rises

DLF shares gain 2.29% as Sensex rises
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Synopsis

A total of 68,795 shares changed hands on the counter till 10:35AM (IST)

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Shares of . traded 2.29 per cent up at Rs 355.7 at 10:35AM (IST) on Tuesday, even as BSE benchmark Sensex gained 1141.63 points to 57930.44. The stock had closed at Rs 347.75 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 449.8 and Rs 294.75, respectively.

As per BSE data, total traded volume on the counter till 10:35AM (IST) stood at 10:35AM shares with turnover at Rs 2.44 crore.

At the prevailing price, the stock trades at 54.05 times its trailing 12-month earnings per share of Rs 6.6 per share and 2.59 times its price-to-book value, the exchange data showed.

A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. 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.

The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 1.85.

Shareholding Details
Promoters held 74.95 per cent stake in the company as of 30-Jun-2022, while FIIs owned 16.13 per cent and DIIs 3.36 per cent.

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