Trending stocks: HDFC share price rises nearly 3%
Shares of traded 2.56 per cent up in trade at 10:21AM on Thursday .
By ETMarkets.com | Updated:
PTI
NEW DELHI: Shares of Housing Development Finance Corporation Ltd. traded 2.56 per cent up in Thursday 's trade at 10:21AM (IST). Around 47385 shares changed hands on the counter.
The scrip opened at Rs 1855.0 and touched an intraday high and low of Rs 1903.05 and Rs 1855.0 , respectively, in the session so far. Shares of the company quoted a 52-week high of Rs 2495.0 and a 52-week low of Rs 1475.5 .
Housing Development Finance Corporation Ltd., incorporated in the year 1977, is a Large Cap company (having a market cap of Rs 318177.80 Crore) operating in NBFC sector.
Key Financials
The company reported consolidated sales of Rs 28996.17 crore for the quarter ended 31-Dec-2019 , down -11.59 per cent from previous quarter's Rs 32796.5 crore and down 18.46 per cent from the year-ago quarter's Rs 24477.86 crore.
The net profit after tax for the latest quarter stood at Rs 3835.38 crore, 26.23 per cent from the corresponding quarter last year .
Shareholding pattern
As of 31-Mar-2020 , domestic institutional investors held 9.522517 per cent stake in the company , while foreign institutional investors held 70.875465 per cent and the promoters 0.0 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 15.02 and a price-to-book ratio of 678.69 .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 'nil' growth in the business.
The scrip opened at Rs 1855.0 and touched an intraday high and low of Rs 1903.05 and Rs 1855.0 , respectively, in the session so far. Shares of the company quoted a 52-week high of Rs 2495.0 and a 52-week low of Rs 1475.5 .
Housing Development Finance Corporation Ltd., incorporated in the year 1977, is a Large Cap company (having a market cap of Rs 318177.80 Crore) operating in NBFC sector.
Key Financials
The company reported consolidated sales of Rs 28996.17 crore for the quarter ended 31-Dec-2019 , down -11.59 per cent from previous quarter's Rs 32796.5 crore and down 18.46 per cent from the year-ago quarter's Rs 24477.86 crore.
The net profit after tax for the latest quarter stood at Rs 3835.38 crore, 26.23 per cent from the corresponding quarter last year .
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Shareholding pattern
As of 31-Mar-2020 , domestic institutional investors held 9.522517 per cent stake in the company , while foreign institutional investors held 70.875465 per cent and the promoters 0.0 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 15.02 and a price-to-book ratio of 678.69 .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 'nil' growth in the business.
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Housing Development Finance Corporation Ltd. belongs to the NBFC - Housing industry.Too busy to trade in stocks? Invest in Mutual Funds with ET Money!
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