in

DLF shares up 0.1% as Nifty drops

ETMarkets.com
NEW DELHI: Shares of Ltd. traded 0.1 per cent up in Wednesday’s trade at 11:07AM (IST). Around 111,008 shares changed hands on the counter.

The counter opened at Rs 264.8 and touched an intraday high and low of Rs 267.8 and Rs 261.25, respectively, in the session so far. Shares of the company of DLF Ltd. quoted a 52-week high of Rs 332.6 and a 52-week low of Rs 129.75.

Total market cap of the DLF Ltd. stood at Rs 65026.44 crore at the time of writing this report.

Key Financials

The company reported consolidated net 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 firm, while foreign institutional investors held 17.46 per cent and the promoters 74.95 per cent.

Valuation ratio

According to BSE data, the stock traded at a price-to-earnings multiple of -52.23 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.

(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.

/disclaimer.cms?msid=81776766potime:3

ETPrime stories of the day

/articleshow_primestories.cms?msid=69891145potime:2

Source: DLF shares up 0.1% as Nifty drops

What do you think?

Share the love with up to 50% off sex toys for couples from Lovehoney

Google employees demand Palestine support in letter to CEO