Dlf Share Price: DLF shares down 0.96% as Nifty gains

NEW DELHI: Shares of Ltd. traded 0.96 per cent down in Thursday’s trade at 12:20PM (IST). Around 427,673 shares changed hands on the counter.

The stock opened at Rs 292.0 and touched an intraday high and low of Rs 292.25 and Rs 288.05, 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 134.6.

Total market cap of the DLF Ltd. stood at Rs 71573.64 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 same quarter a year ago.

Shareholding pattern

As of 31-Mar-2021, DIIs held 1.77 per cent stake in the company, 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 -57.48 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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