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Cash Market | A low risk buy near support in DLF

DLF is on a roll clocking high sales from its recent launches

June 09, 2022 / 07:22 IST
DLF | CMP: Rs 325 | The scrip ended lower by over 2 percent on May 18 after the company reported a 16 percent year-on-year decline in consolidated net profit at Rs 405.3 crore for the quarter ended March. Investors, however, seem to be impressed with the strong pre-sales bookings in residential segment during the quarter. DLF reported pre-sales booking of Rs 2,700 crore for the quarter, up 158 percent on-year.
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