Buy DLF, target Rs 222: Pritesh Mehta
Buy DLF at a price target of Rs 222 and a stop loss at Rs 201 from entry point.
By ETMarkets.com |
Pritesh Mehta of IIFL has a buy call on DLF with a target price of Rs 222.
The current market price of DLF is Rs 208.55.
Time period given by the analyst is intraday when DLF price can reach defined target.
Pritesh Mehta recommended to keep a stop loss at Rs 201.
DLF, incorporated in the year 1963, is a Large Cap company (having a market cap of Rs 37,206.50 Crore) operating in Construction sector.
DLF key Products/Revenue Segments include Property Development which contributed Rs 3,074.78 Crore to Sales Value (83.03 per cent of Total Sales), Lease Rentals which contributed Rs 365.33 Crore to Sales Value (9.86 per cent of Total Sales), Other Operating Revenue which contributed Rs 190.62 Crore to Sales Value (5.14 per cent of Total Sales) and Other Services which contributed Rs 72.23 Crore to Sales Value (1.95 per cent of Total Sales)for the year ending 31-Mar-2017.
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 S R Batliboi & Co. LLP as its auditors.
As on 30-09-2017, the company has a total of 1,784,056,800 shares outstanding.
The current market price of DLF is Rs 208.55.
Time period given by the analyst is intraday when DLF price can reach defined target.
Pritesh Mehta recommended to keep a stop loss at Rs 201.
DLF, incorporated in the year 1963, is a Large Cap company (having a market cap of Rs 37,206.50 Crore) operating in Construction sector.
DLF key Products/Revenue Segments include Property Development which contributed Rs 3,074.78 Crore to Sales Value (83.03 per cent of Total Sales), Lease Rentals which contributed Rs 365.33 Crore to Sales Value (9.86 per cent of Total Sales), Other Operating Revenue which contributed Rs 190.62 Crore to Sales Value (5.14 per cent of Total Sales) and Other Services which contributed Rs 72.23 Crore to Sales Value (1.95 per cent of Total Sales)for the year ending 31-Mar-2017.
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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 S R Batliboi & Co. LLP as its auditors.
As on 30-09-2017, the company has a total of 1,784,056,800 shares outstanding.
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