Dlf Share Price: Buy DLF, target price Rs 295: Yes Securities

Sure Securities has purchase name on with a goal value of Rs 295. The present market value of DLF Ltd. is Rs 278.85.

DLF Ltd., included within the yr 1963, is a Giant Cap firm (having a market cap of Rs 69011.69 Crore) working in Actual Property sector.

For the quarter ended 31-12-2020, the corporate reported a Consolidated Whole Revenue of Rs 1668.22 Crore, down -3.18 % from final quarter Whole Revenue of Rs 1723.09 Crore and up 8.80 % from final yr identical quarter Whole Revenue of Rs 1533.34 Crore. Firm reported internet revenue after tax of Rs 282.52 Crore in newest quarter.

Funding Rationale
A number of assist is seen close to Rs 273-275 zone. Sustenance above for a similar may appeal to shopping for curiosity.

Promoter/FII Holdings
Promoters held 74.9 per cent stake within the firm as of June 30, 2020, whereas FIIs held 18.5 per cent, DIIs 1.Eight per cent and public and others 4.7 per cent.

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