DLF stock price: DLF stock price rises 1.19% on Nifty gains
The counter opened at Rs 845.85 and has hit an intraday high and low of Rs 860.35 and Rs 843.8 respectively in the session so far. The DLF Ltd. stock hit a 52-week high of Rs 967.0 and a 52-week low of Rs 477.05.
According to BSE, at the time of writing this report, DLF Ltd. had a total market capitalization of Rs 212,728.29 crore.
Key Financial Information
The company reported consolidated revenue at Rs 1,729.82 billion for the quarter ended June 30, 2024, down 25.33% from Rs 2,316.70 billion in the previous quarter and down 13.68% from Rs 1,521.71 billion in the year-ago quarter.
Net profit for the latest quarter was Rs 64,561 million, up 22.51% over the same period last year.
Stock ownership patterns
As of June 30, 2024, domestic institutional investors held 3.46% of the company’s shares, foreign institutional investors held 16.16%, and promoters held 74.08%.
Evaluation ratio
According to BSE data, the stock was trading at a P/E multiple of 74.75 and a price-to-book ratio of 5.64. A higher P/E ratio shows that investors are willing to pay a higher price due to better future growth expectations. The price-to-book value represents the intrinsic value of a company and measures the price that investors are willing to pay even if there is no growth in the business.
DLF Ltd. is in the real estate industry.
