Buy DLF@162.
Its going to sell 40% of its rental arm, which is going to generate around 12,000 crs. By which promoters will reduce the debt significantly. For long term, promoters planed to make company zero debt. With possible less debt in a book and lower interest cycle going forward, DLF will have good time going forward. Fundamentally and technically DLF will be a great wealth creator, if one stays for a time frame of 2-3 yrs with possible target of 300 Rs.
Its going to sell 40% of its rental arm, which is going to generate around 12,000 crs. By which promoters will reduce the debt significantly. For long term, promoters planed to make company zero debt. With possible less debt in a book and lower interest cycle going forward, DLF will have good time going forward. Fundamentally and technically DLF will be a great wealth creator, if one stays for a time frame of 2-3 yrs with possible target of 300 Rs.
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