New Delhi, March 25 -- DLF Ltd's shares have dropped 18.5% in the past one 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 macro-economic pain and the resulting weakness in sales, especially given that the base is high now.
DLF has already surpassed its FY25 pre-sales or bookings of Rs.17,000 crore after clocking pre-sales of Rs.19,187 crore in the nine-month ended December (9MFY25).
The launch of the uber-luxury project 'The Dahlias' at Golf Course Road in Gurugram in Q3FY25 went a long way in boosting pre-sales for the year. Thus, all eyes are on precise guidance for FY26, which DLF is likely to sha...
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