DLF will have pronounced impact on real estate stocks

Published on Tue, Jul 03, 2007 at 14:40 |  Source : Moneycontrol.com

Updated at Wed, Jul 04, 2007 at 01:12  

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Dilip Bhat, Prabhudas Lilladher

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Dilip Bhat of Prabhudas Lilladher feels that DLF is going to have a pronounced impact on the real estate stocks.

Bhat told CNBC-TV18, "I think DLF is going to have a pronounced impact on the real estate stocks, there is no doubt about it because it's going to be the number one real estate company in terms of marketcap hopefully. And if I am correct possibly they are talking about something like USD 1.5 billion of profit and possibly growing at 35-40%. So if they were to show that kind of consistency the rub off effect definitely is bound to be there on the other stocks."   

Disclosure: It is safe to assume that my clients and I have investment interest in the stocks/sectors that have been spoken about.

  

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