Buy DLF With Stop Loss Of Rs 230
Technical analyst Brijesh Singh has maintained 'buy' rating on DLF Limited stock to achieve a target of Rs 242
According to analyst, the investors can buy the stock with a stop loss of Rs 230.
The stock of the company, on March 23, closed at Rs 234.45 on the Bombay Stock Exchange (BSE).
Current EPS & P/E ratio stood at 10.59 and 22.40 respectively.
The share price has seen a 52-week high of Rs 397.35 and a low of Rs 215 on BSE.
Robert Vadra, the son-in-law of UPA chairperson Sonia Gandhi, has inked a partnership deal with realty giant DLF Ltd.
New Delhi-based industrialist Robert Vadra has stayed away from the political line.
The company has broadened loans to a range of companies possessed by Vadra and some of these loans are unsecured loans or debt without any security.
During the last month, DLF Brands, a division of real estate giant DLF, announced that it will make an investment of more than Rs 2 billion in launching retail outlets of different brands across India by the next 2-3 years.
DLF Brands launched its initial outlet of its flagship home furnishings and accessories brand `Pure Home + Living` in Delhi.