Buy DLF, price target Rs 194: Kunal Bothra

Kunal Bothra has a buy call on DLF Ltd. with a target price of Rs 194.0 . The current price of DLF Ltd. is Rs 182.15 . Kunal Bothra recommended to keep a stoploss at Rs 178 .

DLF Ltd., incorporated in the year 1963, is a Large Cap company (having a market cap of Rs 45137.31 Crore) operating in Real Estate sector.

DLF Ltd. key Products/Revenue Segments include Property Development which contributed Rs 2594.69 Crore to Sales Value (78.73 % of Total Sales), Rental Income which contributed Rs 495.31 Crore to Sales Value (15.03 % of Total Sales), Other Operating Revenue which contributed Rs 204.99 Crore to Sales Value (6.22 % of Total Sales) and Royalty Income which contributed Rs .40 Crore to Sales Value (0.01 % of Total Sales)for the year ending 31-Mar-2019.


For the quarter ended 31-12-2019, the company has reported a Consolidated sales of Rs 1341.87 Crore, down -21.78 % from last quarter Sales of Rs 1715.51 Crore and down -39.54 % from last year same quarter Sales of Rs 2219.28 Crore Company has reported net profit after tax of Rs 227.45 Crore in latest quarter.