The Economic Times daily newspaper is available online now.

    Godrej Properties shares gain 0.11% as Sensex falls

    Synopsis

    A total of 3,094 shares changed hands on the counter till 11:17AM (IST)

    marketsAgencies
    India 10-year bond yield rose 0.37 per cent to 6 after trading in 5.99-6.01 range.
    Shares of Godrej Properties Ltd. traded 0.11 per cent up at Rs 1213.15 at 11:17AM (IST) on Friday, even as BSE benchmark Sensex dropped 264.77 points to 60088.5. The stock had settled at Rs 1211.85 in the previous session.

    The stock quoted a 52-week high and 52-week low of Rs 2012.7 and Rs 1130.2, respectively.

    As per BSE data, total traded volume on the counter till 11:17AM (IST) stood at 11:17AM shares with turnover at Rs 0.38 crore.

    At the prevailing price, the stock trades at 84.28 times its trailing 12-month earnings per share of Rs 14.38 per share and 5.36 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 1.27.

    Shareholding Details
    Promoters held 58.48 per cent stake in the company as of 30-Sep-2022, while FIIs owned 29.94 per cent and DIIs 4.54 per cent.



    (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.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more


    (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.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
    The Economic Times

    Stories you might be interested in