In New Delhi, DLF Ltd. shares were up by 0.49% during trading on Wednesday at 01:09 PM (IST). Around 26,754 shares were traded. The stock started at Rs 854.00 and reached an intraday high of Rs 854.00 and a low of Rs 841.00.
DLF Ltd. has a 52-week high price of Rs 967.00 and a low price of Rs 632.65. The total market value of DLF Ltd. is Rs 208,656.40 crore.
Strong Sales Growth!
In the latest quarter ending on September 30, 2024, DLF Ltd. reported very strong sales of Rs 2,180.83 crore. This is a 26.07% increase compared to the previous quarter and a huge 47.71% increase from the same quarter last year. Their net profit for the latest quarter was Rs 1,381.08 crore, a fantastic increase of 121.76% compared to last year.
How Is DLF Ltd. Valuated?
According to NiftyStat data, DLF Ltd. shares are currently trading at a P/E ratio of 57.90 and a price-to-book ratio of 5.64. This means investors see good future growth potential, and they are willing to pay more for the shares even if there is no immediate growth.
Who Owns DLF Ltd.?
As of June 30, 2024, domestic institutional investors owned 3.46% of DLF Ltd. Foreign institutional investors owned 16.16%, while promoters held 74.08%.
DLF Ltd. is part of the Real Estate industry and seems to be growing strong!
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