( Recommended in SAKAL NEWS PAPER. Arthvishwa ) : 8th Mar 2010
DFL ltd
COMPANY PROFILE
- The DLF group is a leading real estate developer in India. In line with its current expansion plans, the DLF Group has over 748 million sq. ft. of development across its businesses, including developed, on-going and planned projects. This land bank is spread over 32 cities, mostly in metros and key urban areas across India.
- DLF is the company, which committed to quality, trust and customer sensitivity, and deliver on promises with agility, financial prudence and in tune with the highest global standards. The company has also entered into several strategic alliances with global industry leaders in different segment.
- DLF Ltd, with over six decades of experience, is focusing on strengthening its lateral and vertical business drivers and charted it next growth steps to retain its leadership position in India, already a major player in locations across the country, including metro and key urban centres.
- To increase in corporate and consumer incomes, as well as foreign investment, DLF sees significant opportunities for growth in its three primary businesses such as Residential, Commercial and Retail Properties Business. DLF's mission is to build a world-class real estate development company with the highest standards of professionalism, ethics and customer service.
Share Holding Pattern :
- Promoter : 78.64 %
- Public : 21.36 %
Financial Highlights :
- The company posted a net profit to Rs 4,67.89 Crore for the quarter ended Dec. 31, 2009 & total income of Rs 2151.81 Crore for the same quarter.
Technical Overview :
The stock On Weekly Chart has tested the neckline of "Inverted Head & Shoulder Pattern" & has formed " Spining Bottom Formation" indicating trend reversal & beginning of fresh upmove. The stock is recommended to buy at cmp Rs 318.90
Support Levels :
- Support 1 : 281
- Support 2 : 265
- Support 3 : 201
Stop Loss : 189 on closing basis.
Targets :
- Target 1: 385
- Target 2 : 490
- Target 3 : 546
- Target 4 : 673
Period : 7 to 9 months.