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Robust bookings, positive biz outlook propel DLF
Business Standard
|May 22, 2025
Shares of DLF, the country's largest listed real estate company, surged 2.8 per cent to ₹775 on Tuesday, buoyed by robust bookings in the March quarter and a positive business outlook.
The momentum is expected to continue, driven by new launches and rapid absorption in the residential segment, which should translate into higher cash flows.
The company's commercial assets are also poised for growth, with additions to its leasing portfolio likely to boost rental income. Given the promising prospects across both its residential and annuity businesses, brokerages have maintained a "buy" rating on the stock.
DLF reported bookings of over ₹2,000 crore in Q4FY25—a 39 per cent year-on-year (Y-o-Y) increase—despite the absence of new launches during the quarter. These figures came in ahead of Street expectations.
Denne historien er fra May 22, 2025-utgaven av Business Standard.
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