Net Sales are expected to decrease by 6.1 percent Y-o-Y (down 5 percent Q-o-Q) to Rs. 1945.3 crore, according to Edelweiss.
In an interview to CNBC-TV18, Ashok Tyagi, Group CFO, DLF gave a ground check on how real estate demand is shaping up.
Other self-made entrepreneurs who made the list include Mangal Prabhat Lodha, 61, of Lodha Group in second position and Jitendra Virwani, 51, of Embassy Property Developers, in third position the list revealed.
According to Technical Analyst Prakash Gaba of prakashgaba.com, any move above 9946 would propel the Nifty to 10041-10080 zones but looks like the Index is into a pause mode and so a dip is acceptable as long as 9850 holds.
Ahead of the The Researve Bank of India's monetary policy meeet, interest rate sensitive stocks including the likes of real Estate, NBFCs and auto stocks were trading in the green while banking stocks were mixed with SBI trading positive and ICICI Bank, HDFC Bank and Axis Bank in the red.
Rajat Bose of rajatkbose.com suggests buying DLF and advises selling Bata India.
Stocks like Infibeam slipped up to 39 percent in the trade before recouping some of the losses while, India Cements slipped 5 percent, Indo Count Industries dropped 6 percent in mid-morning trade.
Prakash Gaba of prakashgaba.com
Ashwani Gujral of ashwanigujral.com is of the view that one can buy UCO bank and Dena Bank and can sell DLF.
Sandeep Wagle of powermywealth.com is of the view that one can buy Cipla and sell DLF while can hold Piramal Enterprises and CRISIL.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can sell ICICI Bank, Jet Airways and DLF and advises buying Ajanta Pharma and Torrent Pharma.
There is likely potential risk of 6 percent equity issuance in DLF while the valuations look expensive for 3 percent FY19 return on equity, BofAML said in its report.
Samantak Das, Chief Economist and National Director- Research, Knight Frank India, said institutional funds dominated in the private equity investments, reflecting long-term confidence in India’s strong economic fundamentals.
Acccording to Ashwani Gujral of ashwanigujral.com, one can buy Larsen & Toubro, DLF and JM Financial.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Piramal Enterprises, L&T Finance Holdings and Indiabulls Real Estate and can sell BHEL and Apollo Hospitals.
The proposed commercial complex, to be constructed on a 18,120 square meter plot, would have eight small screen multiplexes for small gatherings and it will be the first of its kind in Goa.
Ashwani Gujral of ashwanigujral.com suggests buying DLF, Reliance Capital and BEML.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Asian Paints, Gruh Finance, HUDCO and Nalco and sell Bharat Forge.
DLF has sealed the deal with GIC to sell stake in the rental arm. In an interview to CNBC-TV18, Saurabh Chawla, Senior ED-Finance at DLF spoke at length about the deal and latest happenings in the company.
Edelweiss is bullish on DLF has recommended hold rating on the stock with a target price of Rs 185 in its research report dated August 28, 2017
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Indian Oil Corporation, Balrampur Chini and Dewan Housing Finance and sell Tata Motors and DLF.
Ashwani Gujral of ashwanigujral.com suggests buying ACC, L&T Finance Holdings and Voltas.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy TVS Motor Company, Maruti Suzuki, Tata Steel, Siemens and Bharat Forge and can sell SRF.
DLF promoters are expected to get net proceeds of over Rs 10,000 crore after tax and a substantial part of this amount will be invested in DLF Ltd for repayment of debt that has touched nearly Rs 26,000 crore.
Promoters are expected to get net proceeds of over Rs 10,000 crore after tax and a substantial part of this amount will be invested in DLF Ltd for debt repayment