Share price of DLF falls as Sensex drops 89.12 points

Share price of DLF Ltd. dropped 0.12 per cent to Rs 374.4 at 12:04PM (IST) in Friday's trade. The scrip hit a high of Rs 377.7 and low of Rs 372.6 so far during the session. The stock had closed at Rs 374.85 in the previous session.

The counter had a total traded volume of 12:04PM shares so far with a turnover of Rs 1.33 crore on BSE. The stock traded at a price-to-earnings multiple of 53.47 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-Dec-2022, while foreign investors and domestic institutional investors ownership stood at 16.13 per cent and 5.0 per cent, respectively.

Key Financials
The company reported consolidated sales of Rs 1360.5 crore for the quarter ended 30-Sep-2022, down 10.27 per cent from the previous quarter's Rs 1516.28 crore and down 12.59 per cent from the year-ago quarter's Rs 1556.53 crore.

Its profit for the latest quarter stood at Rs 477.04 crore, up 25.88 per cent from the same quarter a year ago.