Stay invested in DLF: Shahina Mukadam

Shahina Mukadam, Independent Market Expert told CNBC-TV18, "One should hang in DLF. The overall performance of the company is likely to improve, balance sheet quality also should look up now given the fact that real estate investment trusts (REITs) is definitely something they are looking at, the promoters and this they will probably utilise to reduce the debt.""I think also that some of the new projects will start contributing in the second half. All and all I think one should wait and maybe a price of Rs 161 over the next couple of months is something one could look at," she said.