DLF shares up 1.62% as Nifty gains

NEW DELHI: Shares of DLF Ltd. traded 1.62 per cent up in Thursday's trade at 01:24PM (IST). Around 219,963 shares changed hands on the counter.

The stock opened at Rs 311.25 and touched an intraday high and low of Rs 317.5 and Rs 302.35, respectively, in the session so far. The stock of DLF Ltd. quoted a 52-week high of Rs 449.8 and a 52-week low of Rs 278.3.

As per BSE, the total market cap of the DLF Ltd. stood at Rs 78417.87 crore at the time of writing this report.


Key Financials
The company reported consolidated sales of Rs 1652.13 crore for the quarter ended 31-Mar-2022, down 2.06 per cent from previous quarter's Rs 1686.92 crore and down 13.35 per cent from the year-ago quarter's Rs 1906.59 crore.

The net profit for latest quarter stood at Rs 405.33 crore, down 15.72 per cent from the same quarter a year ago.

Shareholding pattern
As of 31-Mar-2022, DIIs held 3.05 per cent stake in the company, while foreign institutional investors held 15.39 per cent and the promoters 74.36 per cent.


Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 52.25 and a price-to-book ratio of 2.59. 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.