Buy DLF around Rs 215, target Rs 235: Yogesh Mehta

Yogesh Mehta of Motilal Oswal told CNBC-TV18, "One of the real estate company DLF has been beaten down quite sharpy and the stock has made a low of Rs 205 from Rs 250. We are looking at buying at Rs 215 keeping Rs 205 as a strict stop loss and target will be somewhere around Rs 235."

Share closed at Rs 211.70, up Rs 0.65, or 0.31 percent. It touched an intraday high of Rs 217.55 and an intraday low of Rs 205.70. There were pending buy orders of 6,552 shares, with no sellers available. The share touched its 52-week high Rs 289.20 and 52-week low Rs 169.55 on 12 March, 2013 and 04 June, 2012, respectively. Currently, it is trading 26.8 percent below its 52-week high and 24.86 percent above its 52-week low. Market capitalisation stands at Rs 35,961.88 crore.