By Debdeep Gupta | 18 Dec, 2024
DLF shares fall despite CLSA's 'outperform' rating, target price hike
Shares of real estate major DLF traded almost a percent lower to Rs 867 in morning trade on December 18, extending losses for a third session in a row, despite CLSA raising the target price while maintaining its 'outperform' rating on the stock citing positive levers for growth.With a price target of Rs 975, the international brokerage forecasts an upside potential of 12 percent from the last clos...
DalalStreetCalls_1 2025-03-26 09:17:04
The company's subsidiary, DLF Home Developers, has acquired a 49.997% stake and compulsorily convertible debentures in DLF Urban, from Reco Greens, for Rs 496.73 crore. DLF Urban is a subsidiary of DLF Home Developers.
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