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DLF sees room for growth, but is it too early to be optimistic?
Mint New Delhi
|March 25, 2025
DLF Ltd's shares have dropped 18.5% in the past year, massively underperforming the sectoral Nifty Realty index, which is flattish.
Investors in the stock worry about a possible slowdown in the real estate market due to broader macroeconomic pain and the resulting weakness in sales, given that the base is high now.
DLF has already surpassed its FY25 pre-sales or bookings of ₹17,000 crore after clocking pre-sales of ₹19,187 crore in 9MFY25. The launch of uber-luxury project "The Dahlias" at Golf Course Road in Gurugram in Q3FY25 went a long way in boosting pre-sales for the year. All eyes are on precise guidance for FY26, which DLF is likely to share while announcing Q4FY25 results.
This story is from the March 25, 2025 edition of Mint New Delhi.
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