Dlf Share Price: Buy DLF, target price Rs 315: Yes Securities
DLF Ltd., incorporated in the year 1963, is a Large Cap company (having a market cap of Rs 72996.94 Crore) operating in Real Estate sector.
Financials
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 1906.59 Crore, up 14.29 % from last quarter Total Income of Rs 1668.22 Crore and up 1.75 % from last year same quarter Total Income of Rs 1873.80 Crore. Company reported net profit after tax of Rs 258.72 Crore in latest quarter.
Investment Rationale
Recent decline found renewed buying interest near the 50-day EMA; recovery thereafter warrants a positive outlook for the stock.
Promoter/FII Holdings
Promoters held 75 per cent stake in the company as of March 31, 2021, while FIIs held 17.4 per cent, DIIs 2.2 per cent and public and others 5.4 per cent.
(Disclaimer: Views and recommendations given in this section are the analysts’ own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the stock/s mentioned.
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