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Neutral DLF Ltd For Target Rs. 455 - Motilal Oswal Financial Services * DLF reported bookings of INR20.4b, which was flat YoY and in line with our estimate. However, there was a sequential decline of 76% in bookings compared to the record-breaking performance in 4QFY23. This drop can be attributed to the absence of any new launches during the current quarter, with sales primarily dependent on ongoing and completed inventory. * Sales at DLF’s ultra-luxury Camellias project revived, contributing INR5.6b to the overall sales from bookings of 13 units. Add...
Neutral DLF Ltd For Target Rs. 455 - Motilal Oswal Financial Services
Neutral DLF Ltd For Target Rs. 455 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
31/07/2023 10:57:45 AM
Add DLF Ltd For Target Rs.532 - ICICI Securities Growth story on track, Mumbai foray a key monitorable Along expected lines, DLF clocked Q1FY24 sales bookings of INR20.4bn (flat YoY) driven by sales at its Camellias, Gurugram and One Midtown, Delhi project. The company has retained its FY24E sales booking guidance of at least INR120-130bn which largely hinges on 3.5msf of Crest 2 luxury project launch in H2FY24 having estimated sales value of over INR100bn. The company has also announced its re-entry into the Mumbai market through a JV w...
Add DLF Ltd For Target Rs.532 - ICICI Securities
Add DLF Ltd For Target Rs.532 - ICICI Securities
Source: ICICI Securities
30/07/2023 10:07:07 AM
Stock of the day : Buy DLF Ltd For Target Rs. 550 - Religare Broking Ltd DLF Ltd  * DLF has been gradually inching higher after breakout from the multi month consolidation phase. * Formed the base while holding above the support zone of it’s short term moving average. * The chart pattern combined with strong volumes suggests a bullish tone to continue. * We thus recommend creating fresh longs in the mentioned zone. Buy DLF Ltd CMP 510.80; Range 509-512; SL 492; Target 550     To Read Complete Report & Discl...
Stock of the day : Buy DLF Ltd For Target Rs. 550 - Religare Broking Ltd
Stock of the day : Buy DLF Ltd For Target Rs. 550 - Religare Broking Ltd
Source: Religare Broking Ltd
28/07/2023 11:01:31 AM
Neutral DLF Ltd For Target Rs. 455 - Motilal Oswal Financial Services * DLF reported bookings of INR20.4b, which was flat YoY and in line with our estimate. However, there was a sequential decline of 76% in bookings compared to the record-breaking performance in 4QFY23. This drop can be attributed to the absence of any new launches during the current quarter, with sales primarily dependent on ongoing and completed inventory. * Sales at DLF’s ultra-luxury Camellias project revived, contributing INR5.6b to the overall sales from bookings of 13 units. Add...
Neutral DLF Ltd For Target Rs. 455 - Motilal Oswal Financial Services
Neutral DLF Ltd For Target Rs. 455 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
25/07/2023 3:56:02 PM
DLF posts lower net in Q1 Real estate major DLF Ltd closed the first quarter of FY24 with a lower revenue and net profit on a standalone basis. In a regulatory filing, the company said during Q1FY24, it had earned a total income of Rs 900.16 crore (Q1FY23 Rs 1,007.10 crore). The net profit for the period under review stood at Rs 175.41 crore (Rs.244.16 crore).
DLF posts lower net in Q1
DLF posts lower net in Q1
Source: IANS
22/07/2023 8:42:19 AM
India's DLF posts 12% rise in Q1 profit as income from JVs jump DLF, India's largest real estate company by market value, reported a higher first-quarter profit on Friday, as lower costs and a higher share of profits from its joint ventures more than offset a dip in revenue. The company, the first of India's major real estate firms to report results, said net profit rose nearly 12% to 5.27 billion rupees ($64.3 million) in the April-June quarter. Its share of profit in associates as well as JVs, such as DLF Cyber City Developers, DLF Midtown...
India's DLF posts 12% rise in Q1 profit as income from JVs jump
India's DLF posts 12% rise in Q1 profit as income from JVs jump
Source: Reuters
21/07/2023 7:21:20 PM
Easebuzz reports profit in the seventh consecutive year; aims to cross $100Mn run rate over the next 12-18 months Easebuzz, India’s fast growing digital payments platform, has released its FY23 financial numbers. The annual Gross Transaction Value (GTV) processed by the platform during the year crossed at a record INR 70,000 Crores, a 2.5x growth rate over FY22. The daily volume run rate of the platform touched 400K transactions. Easebuzz has seen a significant momentum in revenue of INR 236 Crores ($29Mn), a growth of more than 90%. The company has remained profitable since inception. The ...
Easebuzz reports profit in the seventh consecutive year; aims to cross $100Mn run rate over the next 12-18 months
Easebuzz reports profit in the seventh consecutive year; aims to cross $100Mn run rate over the next 12-18 months
Source: PR Agency
17/07/2023 5:39:12 PM
Stock Picks : DLF Ltd and SAIL Ltd By ICICI Direct DLF Ltd Buy DLF Ltd @492.50-493.50; Target 499.00; Stop Loss 490.30   SAIL Ltd Buy SAIL Ltd @87.20-87.80; Target 89.50; Stop Loss 86.80   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631   Above views are of the author and not of the web...
Stock Picks : DLF Ltd and SAIL Ltd By ICICI Direct
Stock Picks : DLF Ltd and SAIL Ltd By ICICI Direct
Source: ICICI Direct
4/07/2023 12:19:32 PM
Stock Picks : Hindalco Ltd and DLF Ltd By ICICI Direct Hindalco (HINDAL) Ltd Buy Hindalco Ltd @420.50-421.50 CMP 421.40; Target 426.80; Stop Loss 417.80   DLF (DLFLIM) Ltd Buy DLF Ltd @502-503 CMP 503.60; Target 509.80; Stop Loss 497.80   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631   ...
Stock Picks : Hindalco Ltd and DLF Ltd By ICICI Direct
Stock Picks : Hindalco Ltd and DLF Ltd By ICICI Direct
Source: ICICI Direct
14/06/2023 10:44:22 AM
Weekly Tech Picks: Ashok Leyland Ltd, Birlasoft Ltd, DLF Ltd. Bharti Airtel Ltd By Axis Securities Ashok Leyland Ltd. • ASHOKLEY on the weekly chart has decisively broken out above the “Descending Triangular” pattern at 150 level with strong bullish candle indicating positive bias. • The breakout is accompanied with an increase in volume confirming participation at breakout level 19 May, 2023 • Stock holds above 50% Fibonacci Retracement of a rally from 93-129 placed at 131 forming a medium term support zone. • The weekly strength indicator RSI i...
Weekly Tech Picks: Ashok Leyland Ltd, Birlasoft Ltd, DLF Ltd. Bharti Airtel Ltd By Axis Securities
Weekly Tech Picks: Ashok Leyland Ltd, Birlasoft Ltd, DLF Ltd. Bharti Airtel Ltd By Axis Securities
Source: Axis Securities Ltd
22/05/2023 11:07:06 AM
India's Oberoi Realty says Q4 profit more than doubles on soaring demand  Indian real-estate developer Oberoi Realty Ltd said on Tuesday fourth-quarter profit more than doubled, boosted by strong bookings as the demand for housing saw an upswing in the country. The company reported a consolidated net profit of 4.80 billion rupees ($58.69 million) for the quarter ended March 31 from 2.32 billion rupees a year earlier. Oberoi Realty and other developers like DLF Ltd and Godrej Properties ltd saw robust sales and strong project launches during the quarter ...
India's Oberoi Realty says Q4 profit more than doubles on soaring demand
India's Oberoi Realty says Q4 profit more than doubles on soaring demand
Source: Reuters
17/05/2023 9:25:38 AM
Neutral DLF Ltd For Target Rs. 440 - Motilal Oswal Financial Services Ltd * DLFU reported record bookings of INR85b in 4QFY23, up three-fold YoY and about in line with our estimate of INR89b. The company had a successful launch at Sector 63, Gurugram (Arbour) with bookings of INR80b, but also reported cancellations worth INR1b at The Camellias, Gurugram. * The company reported bookings of INR150b in FY23, doubling YoY, driven by major launches in Gurugram and Chandigarh Tri-city, which accounted for 80% of the overall sales. Overall company launched ~10msf of pr...
Neutral DLF Ltd For Target Rs. 440 - Motilal Oswal Financial Services Ltd
Neutral DLF Ltd For Target Rs. 440 - Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
15/05/2023 12:52:39 PM
DLF shines on reporting 40% rise in Q4 consolidated net profit DLF is currently trading at Rs. 461.00, up by 25.10 points or 5.76% from its previous closing of Rs. 435.90 on the BSE. The scrip opened at Rs. 442.00 and has touched a high and low of Rs. 461.65 and Rs. 440.25 respectively. So far 496891 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 461.65 on 15-May-2023 and a 52 week low of Rs. 294.75 on 20-Jun-2022. Last one week high and low of the scrip stood at Rs. 461.6...
DLF shines on reporting 40% rise in Q4 consolidated net profit
DLF shines on reporting 40% rise in Q4 consolidated net profit
Source: Accord Fintech
15/05/2023 12:35:11 PM
Stock Picks : Bajaj Finance Ltd and DLF Ltd By ICICI Direct Bajaj Finance Ltd Buy Bajaj Finance Ltd @6688-6694 CMP 6714.40; Target 6759.00; Stop Loss 6648.80   DLF Ltd Buy DLF Ltd @434.00-435.00 CMP 435.95; Target 440.50; Stop Loss 429.90   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631   Above views are of the au...
Stock Picks : Bajaj Finance Ltd and DLF Ltd By ICICI Direct
Stock Picks : Bajaj Finance Ltd and DLF Ltd By ICICI Direct
Source: ICICI Direct
15/05/2023 11:00:44 AM
India`s DLF posts 41% rise in Q4 profit on lower costs DLF Ltd, India's biggest real estate company by market value, reported a 40.6% increase in quarterly profit on Friday, helped by a fall in expenses and sustained housing demand. DLF's consolidated net profit increased to 5.07 billion rupees ($62 million) in the fourth quarter, from 4.05 billion rupees a year earlier. DLF's revenue fell 5.9% to 14.56 billion rupees, while expenses declined 12.4%. For further earnings highlights, click [Full Story] WHY IT MATTERS Desp...
India`s DLF posts 41% rise in Q4 profit on lower costs
India`s DLF posts 41% rise in Q4 profit on lower costs
Source: Reuters
12/05/2023 5:41:27 PM
Stock Picks : Infosys Ltd and DLF Ltd By ICICI Direct Infosys Ltd Buy Infosys Ltd @1242-1246 CMP 1245.45; Target 1262.00; Stop Loss 1231.70   DLF Ltd Buy DLF Ltd @433.50-434.50 CMP 434.25; Target 439.40; Stop Loss 430.90   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631   Above views are of the auth...
Stock Picks : Infosys Ltd and DLF Ltd By ICICI Direct
Stock Picks : Infosys Ltd and DLF Ltd By ICICI Direct
Source: ICICI Direct
11/05/2023 11:30:00 AM
Buy DLF Ltd For Target Rs. 384 - Religare Broking DLF Ltd  * DLF has witnessed a sharp recovery, after retesting the trend line support around 335 levels. * It has witnessed a marginal dip in the last two sessions and currently hovering around the long term moving average (200 EMA) support. * Indications are in the favor of the resumption of up move soon. * We thus suggest initiating fresh longs as per the given levels.       To Read Complete Report & Disclaimer Click Here   ...
Buy DLF Ltd For Target Rs. 384 - Religare Broking
Buy DLF Ltd For Target Rs. 384 - Religare Broking
Source: Religare Broking Ltd
22/03/2023 10:30:43 AM
Weekly Tech Picks: DLF Ltd, APL Apollo Tubes Ltd & NCC Ltd By Axis Securities DLF Ltd. * DLF on the weekly chart has decisively broken out above the “Consolidation zone ” between 370-342 levels with strong bullish candle indicating a positive bias. * The breakout is accompanied with an increase in volume confirming participation at breakout level 17 March, 2023 * Stock is holding above medium term upward sloping trendline which is in place from Mar 2022. * The weekly strength indicator RSI is in bullish mode and weekly RSI crossover above its re...
Weekly Tech Picks: DLF Ltd, APL Apollo Tubes Ltd & NCC Ltd By Axis Securities
Weekly Tech Picks: DLF Ltd, APL Apollo Tubes Ltd & NCC Ltd By Axis Securities
Source: Axis Securities Ltd
20/03/2023 11:11:43 AM
India`s DLF to focus on luxury, premium housing after near-$1 billion project sells out India's top real estate developer DLF will continue to focus on building luxury and premium projects as it finds it difficult to make profits in the popular affordable housing segment, a top company executive told Reuters. DLF said on Wednesday it has sold out its luxury residential project in Gurugram near New Delhi in 72 hours, generating more than 80 billion rupees ($967 million) in sales, confirming a Reuters story from earlier this month. Luxury housing is booming in India. A r...
India`s DLF to focus on luxury, premium housing after near-$1 billion project sells out
India`s DLF to focus on luxury, premium housing after near-$1 billion project sells out
Source: Reuters
16/03/2023 3:47:06 PM
Buy DLF Ltd For Target Rs.465 - JM Financial Institutional Securities Ltd Noteworthy growth trajectory; more to come DLF Limited continues to show a steady growth trajectory on the booking values front led by traction across new launches (89% of 3QFY23 sales) and completed / under-construction inventory. The residential business performed well with INR 25.07bn of bookings (+24% YoY; +22% QoQ) led by new launches at DLF Phase V, Gurgaon (INR 15.7bn) and DLF Valley, Panchkula (INR 5.4bn). For FY23, DLF remains well on track to exceed INR 80bn on account of large p...
Buy DLF Ltd For Target Rs.465 - JM Financial Institutional Securities Ltd
Buy DLF Ltd For Target Rs.465 - JM Financial Institutional Securities Ltd
Source: JM Financial Institutional Securities Ltd
9/03/2023 12:39:12 PM
Stock Picks : Havells India Ltd and DLF Ltd By ICICI Direct Havells India Ltd Buy Havells India Ltd @1214-1216 CMP 1225.00 Stop Loss 1204.00 Target 1229.00   DLF Ltd  Buy DLF Ltd  @359-360  CMP 4821.20 Stop Loss362.30 Target 354.50     To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631   Above views are of the auth...
Stock Picks : Havells India Ltd and DLF Ltd By ICICI Direct
Stock Picks : Havells India Ltd and DLF Ltd By ICICI Direct
Source: ICICI Direct Ltd
8/03/2023 10:31:32 AM
Nannies on call, spas; India witnessing `mad rush` for luxury housing India's DLF sold a $1 billion upmarket residential project in 72 hours while rival Godrej Properties is offering $3 million apartments to clients selected by invitation, two off-plan sales that are signalling a revival in luxury housing. Property developers say spacey high-price apartments that come with add-ons like concierge services, spas, multi-level parking, large green open spaces and a heated pool have become the rage. There are no such amenities in the individual houses and old...
Nannies on call, spas; India witnessing `mad rush` for luxury housing
Nannies on call, spas; India witnessing `mad rush` for luxury housing
Source: Reuters
6/03/2023 2:57:02 PM
Buy DLF Ltd For Target Rs.458 - ICICI Securities Gurugram launch to spur Q4FY23/FY24E sales bookings DLF has launched its Sector 63, Gurugram project christened “The Arbour” in Feb’23 across 4.4msf having a total potential sale value of Rs80-90bn (company guidance was for 3.1msf of launches in Q4FY23). Our channel checks indicate significant buyer interest from customers for the project. Depending on customer interest for specific inventory, the company may look to sell the entire inventory on launch or hold back invent...
Buy DLF Ltd For Target Rs.458 - ICICI Securities
Buy DLF Ltd For Target Rs.458 - ICICI Securities
Source: ICICI Securities
24/02/2023 1:59:19 PM
Stock Picks : Hindustan Unilever Ltd and DLF Ltd By ICICI Direct Hindustan Unilever (HINLEV)– Buy Hindustan Unilever Ltd CMP 2516.15; Initiation Range 2504-2508; Target 2536.00; Stop Loss 2487.00 Rationale Price taking support at the 200 days EMA and the 80% retracement of previous major up move (2428-2741) signaling pullback expected in coming sessions Daily candlestick chart   DLF Limited (DLFLIM) Sell DLF Ltd CMP 357.50; Initiation Range 356-357; Target 351.70; Stop Loss 359.20 Rationale Price reacting lower...
Stock Picks : Hindustan Unilever Ltd and DLF Ltd By ICICI Direct
Stock Picks : Hindustan Unilever Ltd and DLF Ltd By ICICI Direct
Source: ICICI Direct Ltd
22/02/2023 11:15:33 AM
Stock of the day : Sell DLF Mar Futs For Target Rs.348 - Religare Broking DLF Ltd * The realty index has been gradually drifting lower since Nov, 2021, underperforming the benchmark index. * Meanwhile, DLF has been hovering in a broader range i.e. 290-420 levels and currently in the middle of the band. * It has formed a fresh shorting pivot after struggling around its resistance zone of multiple moving averages on the daily chart. * We thus suggest traders to create fresh shorts within the given range Sell DLF Mar Futs CMP 359.25; Range 362-364; SL 3...
Stock of the day : Sell DLF Mar Futs For Target Rs.348 - Religare Broking
Stock of the day : Sell DLF Mar Futs For Target Rs.348 - Religare Broking
Source: Religare Broking Ltd
22/02/2023 9:08:34 AM
Key Stock Ideas: AstraZeneca, GAIL, DLF, Minda Corporation - ARETE Securities Key News AstraZeneca gets CDSCO nod for drug to treat biliary tract cancer: Drug firm AstraZeneca India on Friday said it has received approval from the domestic drug regulator to market a drug to treat biliary tract cancer (BTC) in the country. The company has received approval from the Central Drugs Standard Control Organisation (CDSCO) for Durvalumab, the drug firm said in a statement. BTC is a group of rare and aggressive gastrointestinal (GI) cancers that form in the cells of the b...
Key Stock Ideas: AstraZeneca, GAIL, DLF, Minda Corporation - ARETE Securities
Key Stock Ideas: AstraZeneca, GAIL, DLF, Minda Corporation - ARETE Securities
Source: ARETE Securities Ltd
20/02/2023 9:27:44 AM
India`s Sobha Ltd Q3 profit nearly halves as land purchase costs surge India's real estate developer Sobha Ltd on Tuesday reported that its third-quarter profit nearly halved, hit by higher land acquisition costs. The Bengaluru-based company's consolidated net profit fell nearly 48% to 318 million rupees ($3.84 million) for the three months ended Dec. 31. The company's total expenses surged 51.7% to 8.63 billion rupees, mainly as land purchase costs rose to 5.32 billion rupees from 232 million rupees a year ago. Sobha's real estate liabi...
India`s Sobha Ltd Q3 profit nearly halves as land purchase costs surge
India`s Sobha Ltd Q3 profit nearly halves as land purchase costs surge
Source: Reuters
8/02/2023 9:52:27 AM
Neutral DLF Ltd For Target Rs. 425 - Motilal Oswal Financial Services Decoding the near-term launch pipeline To deliver 25% pre-sales CAGR over FY22-24E Low rise dominated the launch pipeline over the last 24 months * In FY21, DLF identified a project pipeline of 35msf across different segments to be launched in New Delhi, Gurugram, Chennai, Panchkula and Goa where it continued to hold legacy land parcels. * Except ONE Midtown, Delhi, the new launches for DLF since FY21 have largely comprised low-rise floors/plotted developments across its value hom...
Neutral DLF Ltd For Target Rs. 425 - Motilal Oswal Financial Services
Neutral DLF Ltd For Target Rs. 425 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
11/12/2022 12:26:41 PM
DLF surges as its arm approves allotment of NCDs worth Rs 1,150 crore DLF is currently trading at Rs. 402.75, up by 10.35 points or 2.64% from its previous closing of Rs. 392.40 on the BSE. The scrip opened at Rs. 391.05 and has touched a high and low of Rs. 403.70 and Rs. 389.35 respectively. So far 98751 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 429.80 on 18-Jan-2022 and a 52 week low of Rs. 294.75 on 20-Jun-2022. Last one week high and low of the scrip stood at Rs. 403.70...
DLF surges as its arm approves allotment of NCDs worth Rs 1,150 crore
DLF surges as its arm approves allotment of NCDs worth Rs 1,150 crore
Source: Accord Fintech
30/11/2022 12:09:21 PM
Stock Picks - Larsen&Toubro Ltd And DLF Ltd By ICICI Direct Larsen&Toubro Ltd Buy Larsen&Toubro Ltd. @ 2030-2035 CMP 2029.55 Stop Loss 2011.40 Target 2051.80/2069.90 DLF Ltd Buy DLF Ltd. @ 402.00-404.O0 CMP 402.90 Stop Loss 398.70 Target 406.80/410.90   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631 &n...
Stock Picks - Larsen&Toubro Ltd And DLF Ltd By ICICI Direct
Stock Picks - Larsen&Toubro Ltd And DLF Ltd By ICICI Direct
Source: ICICI Direct
18/11/2022 11:07:12 AM
DLF surges on planning to launch new projects worth Rs 3,500 crore in second half of this fiscal DLF is currently trading at Rs. 375.30, up by 5.55 points or 1.50% from its previous closing of Rs. 369.75 on the BSE. The scrip opened at Rs. 372.75 and has touched a high and low of Rs. 378.50 and Rs. 369.75 respectively. So far 62818 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 444.00 on 08-Nov-2021 and a 52 week low of Rs. 294.75 on 20-Jun-2022. Last one week high and low of the scrip stood at Rs. 378.50 ...
DLF surges on planning to launch new projects worth Rs 3,500 crore in second half of this fiscal
DLF surges on planning to launch new projects worth Rs 3,500 crore in second half of this fiscal
Source: Accord Fintech
27/10/2022 2:23:40 PM
Neutral DLF Ltd For Target Rs. 385- Motilal Oswal Financial Services Steady performance; growth largely priced in In line Residential pre-sales; FY23 guidance unchanged * DLFU’s pre-sales in 2Q was steady QoQ at INR20.5b (up 36% YoY) and in line with its quarterly run-rate (as per its FY23 guidance of INR80b). However, it was 7% below our estimate due to the timing of sales recognition. * The management received a strong response to its 3.4msf of project launches in 2QFY23, which contributed INR13.5b to pre-sales. It also reported a pick-up...
Neutral DLF Ltd For Target Rs. 385- Motilal Oswal Financial Services
Neutral DLF Ltd For Target Rs. 385- Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
26/10/2022 12:29:10 PM
DLF gains on reporting 62% rise in sales bookings during April-September FY23 DLF is currently trading at Rs. 369.45, up by 1.90 points or 0.52% from its previous closing of Rs. 367.55 on the BSE. The scrip opened at Rs. 369.95 and has touched a high and low of Rs. 371.30 and Rs. 368.20 respectively. So far 559181 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 444.00 on 08-Nov-2021 and a 52 week low of Rs. 294.75 on 20-Jun-2022. Last one week high and low of the scrip stood at Rs. 377.05...
DLF gains on reporting 62% rise in sales bookings during April-September FY23
DLF gains on reporting 62% rise in sales bookings during April-September FY23
Source: Accord Fintech
25/10/2022 10:30:48 AM
Key Stock News: Happiest Minds, TVS Emerald, India Inc, DLF, Adani Enterprises, Apollo Hospitals - ARETE Securities Key News Happiest Minds board approves raising of Rs 1,400 cr through equity debt IT company Happiest Minds Technologies board on Wednesday approved raising of up to Rs 1,400 crore through equity or debt bonds, the company said in a regulatory filing. "We wish to inform you that the board at its meeting held today i.e. October 5, 2022 has inter alia considered and approved the matter related to raising funds," the filing said. TVS Emerald to come up with five new projects ...
Key Stock News: Happiest Minds, TVS Emerald, India Inc, DLF, Adani Enterprises, Apollo Hospitals - ARETE Securities
Key Stock News: Happiest Minds, TVS Emerald, India Inc, DLF, Adani Enterprises, Apollo Hospitals - ARETE Securities
Source: ARETE Securities Ltd
6/10/2022 9:50:08 AM
DLF gains as its arm raises Rs 500 crore through NCDs DLF is currently trading at Rs. 381.55, up by 1.80 points or 0.47% from its previous closing of Rs. 379.75 on the BSE. The scrip opened at Rs. 379.75 and has touched a high and low of Rs. 383.80 and Rs. 375.00 respectively. So far 151019 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 449.80 on 18-Oct-2021 and a 52 week low of Rs. 294.75 on 20-Jun-2022. Last one week high and low of the scrip stood at Rs. 4...
DLF gains as its arm raises Rs 500 crore through NCDs
DLF gains as its arm raises Rs 500 crore through NCDs
Source: Accord Fintech
22/09/2022 3:42:59 PM
Neutral DLF Ltd For Target Rs. 385- Motilal Oswal Financial Services Strong pipeline for FY23; growth largely priced-in Sustained momentum in pre-sales; net debt reduces further * DLFU reported new sales bookings of INR20b, which, although down 25% QoQ (doubled YoY), was in line with the quarterly run-rate indicated by management and marginally higher than our estimate of INR18b. * New products saw sustained strong demand, with sales of INR9.5b in 1QFY23, while there was an expected drop in sales from its Ultra-Luxury Camellias project to INR3.5b v/s ...
Neutral DLF Ltd For Target Rs. 385- Motilal Oswal Financial Services
Neutral DLF Ltd For Target Rs. 385- Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
12/09/2022 9:54:38 AM
Neutral DLF Ltd For Target Rs. 385- Motilal Oswal Financial Services Ltd Strong pipeline across key segments DLF FY22 annual report highlights a) Target to deliver double digit growth in residential bookings in FY23 b) Aggressive expansion in office segment and aim to double retail portfolio in 4-5 years and c) Sustained improvement in cash flows. Takeaways from director’s letter – Scaling up across segments * Housing segment continues to witness strong demand well supported by tailwinds from the fundamental demand drivers. * Consolidation ...
Neutral DLF Ltd For Target Rs. 385- Motilal Oswal Financial Services Ltd
Neutral DLF Ltd For Target Rs. 385- Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
3/09/2022 9:29:17 AM
Buy DLF Ltd For Target Rs. 450 -JM Financial Institutional Securities Ltd Juggernaut rolls on, traction across asset classes DLF Limited reported yet another strong quarter as the residential business continued to perform well with INR 20.41bn of bookings (+101% YoY; down 25% QoQ on a very high launch base). For FY23, DLF has a guidance of INR 80bn worth of booking values and remains well on track to exceed (JMFe: INR 86bn) with steady launches of INR 20-25bn every quarter. In the annuity business, DCCDL portfolio will continue to show uptick in the coming quart...
Buy DLF Ltd For Target Rs. 450 -JM Financial Institutional Securities Ltd
Buy DLF Ltd For Target Rs. 450 -JM Financial Institutional Securities Ltd
Source: JM Financial Institutional Securities Ltd
19/08/2022 3:12:32 PM
India's DLF mulls auction bid for New Delhi mall with base price of $366 million NEW DELHI - India's biggest real estate developer DLF is evaluating a bid for a prominent New Delhi shopping mall which has a starting auction price of $366 million, according to two sources and a public notice seen by Reuters. The 1.2 million square feet "Ambience Mall" in the posh southern district of India's capital has been put up for auction as its current owner, the Ambience Group, has not paid debt of $149 million to Indiabulls Housing Finance and other credit...
India's DLF mulls auction bid for New Delhi mall with base price of $366 million
India's DLF mulls auction bid for New Delhi mall with base price of $366 million
Source: Reuters
6/08/2022 9:58:02 AM
Buy DLF Ltd For Target Rs. 581 - Yes Securities Strong Pre-sales & Steady Rentals Driving Consistent Cashflow Our view DLF achieved strong presales of Rs20.4bn in Q1FY23, traditionally weak quarter and has launch pipeline of ~7.6-7.8msf for reminder part of year, hence confident to achieve Rs80bn guidance for FY23 (valued cumulative FY23 launches at Rs80-85bn). With minimal inventory in Camellias, DLF plans to launch another premium project in DLF5 (plotted development) with saleable potential of Rs17-20bn in H2FY23. Annuity is o...
Buy DLF Ltd For Target Rs. 581 - Yes Securities
Buy DLF Ltd For Target Rs. 581 - Yes Securities
Source: Yes Securities Ltd
1/08/2022 1:20:39 PM
Buy DLF Ltd For Target Rs. 450 - JM Financial Research Exploring possible blue-sky scenarios DLF Limited continues to offer a lot of visibility backed by i) broad-based momentum in the residential business, ii) significant expansion plans in DCCDL, iii) monetisation of land banks, and iv) a possible REIT listing. Given the detailed plans laid out by DLF at its recent analyst meet, we try and estimate a possible blue-sky scenario for the company. Possible triggers for the stock include i) substantial business development in the residential busi...
Buy DLF Ltd For Target Rs. 450 - JM Financial Research
Buy DLF Ltd For Target Rs. 450 - JM Financial Research
Source: JM Financial Research
4/06/2022 10:12:51 AM
JM Financial maintains 'buy' call for realty major DLF, sees 34% upside in 12 months Financial services company JM Financial has maintained a "buy" call on real estate developer DLF. Accordingly, the target price has been pegged at Rs 450 per share, implying a 34 per cent upside by March 2023, as against its current price of Rs 333. According to a note by JM Financial, DLF continues to offer a lot of visibility backed by broad-based momentum in the residential business, significant expansion plans in DLF Cyber City Developers, monetisation of land banks, and a...
JM Financial maintains 'buy' call for realty major DLF, sees 34% upside in 12 months
JM Financial maintains 'buy' call for realty major DLF, sees 34% upside in 12 months
Source: IANS
3/06/2022 2:15:50 PM
Neutral DLF Ltd For Target Rs. 375 - Motilal Oswal New launches to drive residential growth ahead Office portfolio scale-up on track; Retail portfolio to double in the next 5-6 years DLF hosted its Analyst Meet on 26-27th May’22 to showcase its completed and ongoing developments in Gurugram, New Gurugram and Delhi and share the outlook on its residential, commercial and retail segments. The key takeaways are mentioned below:   High quality land in supply-constrained markets enabling pricing power DLF owns a large par...
Neutral DLF Ltd For Target Rs. 375 - Motilal Oswal
Neutral DLF Ltd For Target Rs. 375 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
30/05/2022 11:47:04 AM
Stock Picks - Cipla Ltd and DLF Ltd By ICICI Direct Cipla Ltd Buy Cipla Ltd @ 944.00-947.00 CMP 956.85 Stop Loss 937.70 Target 954.00/962.00   DLF Ltd Sell DLF Ltd @ 322.00-324.00 CMP 324.65 Stop Loss 326.10 Target 320.10/317.00   To Read Complete Report & Disclaimer Click Here   https://secure.icicidirect.com/Content/StaticData/Disclaimer.html   Above views are of the author and not of the website kindly read disclaim...
Stock Picks - Cipla Ltd and DLF Ltd By ICICI Direct
Stock Picks - Cipla Ltd and DLF Ltd By ICICI Direct
Source: ICICI Direct
19/05/2022 9:52:10 AM
Buy DLF Ltd For Target Rs. 385 - Religare Broking Derivative Ideas DLF gained 2.52 % and closed at 372.95 on 29th Mar. The stock after taking the support at 300 levels has been inching higher for some time. Now after closing above its resistance at 365-370 zone, the counter is poised to test its next hurdle at 390. We recommend to go Long in DLF. Strategy:- BUY DLF @ 365-368, SLOSS AT 358, TRGT 385.   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://www.religareonl...
Buy DLF Ltd For Target Rs. 385 - Religare Broking
Buy DLF Ltd For Target Rs. 385 - Religare Broking
Source: Religare Broking Ltd
30/03/2022 11:52:48 AM
Buy DLF Ltd For Target Rs.434 - ICICI Securities Firing on all cylinders DLF has seen strong traction in its residential business with 9MFY22 sales bookings of Rs45.4bn driven by the Dec’21 launch of the One Midtown Delhi project. Accordingly, the company has revised its FY22E devco sales guidance to Rs60-65bn (earlier Rs40bn). With the recent plotted development launch in Chennai, we model for Rs66.4bn of FY22E devco sales and over Rs70bn each in FY23-24E. Further, with office re-openings and mall consumption picking up, we expect...
Buy DLF Ltd For Target Rs.434 - ICICI Securities
Buy DLF Ltd For Target Rs.434 - ICICI Securities
Source: ICICI Securities Ltd
5/03/2022 11:07:06 AM
Add DLF Ltd For Target Rs.434 - ICICI Securities Growth story on track DLF’s Q3FY22 net residential sales bookings of Rs20.2bn were up 33% QoQ driven by the Dec’21 launch of the One Midtown Delhi project. At the beginning of FY22E, the company had given FY22E devco sales guidance of ~Rs40bn and has now revised its FY22E guidance to Rs60-65bn owing to the strong response to the Delhi launch (Rs15bn of cumulative sales achieved till Jan’22). We model for Rs66.4bn of FY22E devco sales and over Rs70bn each in FY23-24E. We ...
Add DLF Ltd For Target Rs.434 - ICICI Securities
Add DLF Ltd For Target Rs.434 - ICICI Securities
Source: ICICI Securities Ltd
21/02/2022 3:13:29 PM
Buy DLF Ltd For Target Rs.530 - Emkay Global Buoyant outlook intact * Q3 key highlights: 1) Presales at Rs20bn increased 33% QoQ and 97% YoY aided by an all-round performance across product categories and new launches. 2) Surplus cash generation of Rs7.6bn (Rs17bn in 9MFY22) resulted in net debt declining to Rs32bn (down 20% QoQ). 3) RentCo revenue / EBITDA / PAT registered a growth of 5% / 2% / 13% YoY respectively while up 5% / 6% / 22% QoQ respectively, 4) investee company (housing the Mumbai land parcel at Tulsiwadi) related prov...
Buy DLF Ltd For Target Rs.530 - Emkay Global
Buy DLF Ltd For Target Rs.530 - Emkay Global
Source: Emkay Global Financial Services Ltd
9/02/2022 10:55:05 AM