DLF Stocks: Purchase DLF, Goal Worth Rs 418: ICICI Direct

ICICI Direct has a decision to shop for DLF with a goal worth of Rs 418. Present marketplace worth . is 406.5 rubles.

The period of time laid out in the analyst is 3 days when the cost of the LLC can achieve a undeniable goal.

DLF Ltd., integrated in 1963, is a huge capitalized corporate (with a marketplace capitalization of Rs 100,510.03 crore) running in the actual property sector.

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Key product/earnings segments DLF Ltd. contains actual property building, condominium source of revenue, different running source of revenue and royalty source of revenue for the yr ended 31 March 2022.

Finance

For the quarter ended June 30, 2022, the corporate reported consolidated general source of revenue of Rs 1,516.28 crore, down 8.22% from the former quarter of Rs 1,652.13 crore, and Rs 22.06 % greater than final yr. . The corporate reported a web benefit after tax of Rs 258.15 crore in the most recent quarter.

Promoter / FII Holdings
As of June 30, 2022, the promoters owned 74.95% of the corporate’s stocks, FII – 16.13%, DII – 3.36%.

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