DLF shares: Dahlias' strong pre-sales trigger bullish calls by analysts

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DLF shares: Dahlias' strong pre-sales trigger bullish calls by analysts - Business Standard

Quick Summary:

Therefore, analysts at Motilal Oswal value DLF’s development and commercial businesses at Rs 1,73,100 crore, with land contributing Rs 1,30,400 crore, and DCCDL is valued at Rs 70,800 crore.

A major portion of this growth, Rs 11,800 crore, analysts highlighted, came from the Dahlia launch.

After factoring in the net debt of Rs 7,800 crore, the company’s gross NAV stands at Rs 2,43,900 crore, resulting in a revised target price of Rs 954, up from Rs 925, with a ‘Buy’ recommendation.