Prakash Diwan of Altamount Capital Management told CNBC-TV18, "There are a couple of significant agendas that the board is trying to grapple with and hopefully even if one of them gets dissolved, it would be a very major positive for DLF. Especially, this one is the least component of the company’s business is getting separately hived off. There are plans to finally do away with it. And that could mean that significant amount of debt could go to retiring. The other thing is the issues on ownership of Cyber City which has also been a very vexatious thing which has always come in the way of the lenders solving it. So, any of those two issues and you will probably see a huge run up on the stock.""I think the way it is poised, it seems very positive and also the segment as a whole is attracting a lot of attention and buying. So, it is a good time for a trader to get into that not as a long-term investor yet, but trading yes, definitely," he said.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
