Kotak Securities's Stock Pick Today: Buy Dlf with Target Rs 775

Kotak Securities recommends buying DLF stock with a target price of Rs. 775. The current market price of DLF is Rs. 758.05. The stock is expected to have a potential upside of 2.21%. The brokerage firm is bullish on the stock due to its strong fundamentals and growth prospects. DLF is a leading real estate developer in India with a track record of delivering quality projects. The company has a strong presence in the residential and commercial real estate market.

About Dlf:

DLF Limited is India's largest real estate developer, listed on the National Stock Exchange (NSE). Established in 1946, DLF has a presence across 24 states and 150 cities, with a portfolio that includes residential, commercial, retail, and hospitality properties. The company's flagship projects include DLF City in Gurgaon, DLF Cyber City in Delhi, and DLF Cyber Hub in Gurugram. DLF has received numerous awards and recognitions for its excellence in real estate development, including the Realty Plus Excellence Awards and the ET Real Estate Awards.

52 Week Price Trend:

DLF's current market price (CMP) of ₹758.05 falls within its 52-week price range of ₹687.05 (low) and ₹967.6 (high). Despite being below its 52-week high, the CMP represents a significant appreciation from the lowest point of the past year. This indicates that DLF's stock has experienced volatility within a substantial range, marking both gains and losses during this period.

Stratzy's MOST Analysis:

DLF has been rated AA- by Stratzy's MOST framework, indicating a medium level of fundamental risk. The framework evaluates companies based on four pillars: Management, Outlook, Safety, and Trend. DLF's strong performance in these areas is reflected in its AA- rating, indicating that investors can expect reasonable stability and growth potential from the company.

Company's Fundamentals:

DLF (NSE:DLF) is a leading real estate company listed on the National Stock Exchange (NSE) of India. In terms of its financial metrics, DLF has a Stock PE of 50.92, indicating that investors are currently willing to pay Rs. 50.92 for every rupee of earnings. The PB Ratio of 4.56 suggests that the market value of DLF's assets is about 4.56 times their book value. Lastly, DLF's Dividend Yield of 0.67% implies that investors can expect to receive an annual dividend of Rs. 0.67 for every Rs. 100 invested in the company's shares.

Fundamental and Technical information provided in this blog were last updated on 18 Jan, 2025

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