Buy DLF target Rs 205: Kunal Bothra

Independent analyst Kunal Bothra has buy call on DLF with a target price of Rs 205.

The current market price of DLF is Rs 188.85.

Time period given by analyst is intraday when DLF price can reach defined target.

Kunal Bothra recommended to keep stoploss at Rs 183.

DLF, incorporated in the year 1963, is a Large Cap company (having a market cap of Rs 33,548.53 crore) operating in Construction sector.

For the quarter ended 30-06-2017, the company has reported a Consolidated sales of Rs 2,047.70 crore, down 7.98 per cent from last quarter Sales of Rs 2,225.18 crore and up 9.65 per cent from last year same quarter Sales of Rs 1,867.46 crore.

Company has reported net profit after tax of Rs 121.22 crore in latest quarter.

The company’s top management includes Dr.D V Kapur, Dr.K P Singh, Lt. Gen.Aditya Singh, Mr.A S Minocha, Mr.B Bhushan, Mr.G S Talwar, Mr.K N Memani, Mr.Mohit Gujral, Mr.Pramod Bhasin, Mr.Rajeev Talwar, Mr.Rajiv Krishan Luthra, Mr.Rajiv Singh, Mr.Ved Kumar Jain, Ms.Pia Singh.

Company has Walker, Chandiok & Co.LLP as its auditors.

As on 31-03-2017, the company has a total of 1,784,003,090 shares outstanding.