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Weak property market in Delhi, NCR may not hurt DLF much

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Weak property market in Delhi, NCR may not hurt DLF much

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JM Financials have initiated a coverage on DLF with a target price of Rs 215. The brokerage house believes that DLF is well placed to benefit from the weak market conditions in the Delhi NCR.

JM Financials has initiated a coverage on DLF with a target price of Rs 215. The brokerage house believes that DLF is well placed to benefit from the weak market conditions in the Delhi NCR.
Pick up in the residential segment, continued tailwinds in the commercial segment and a possible value unlocking in the subsidiary to the REITs listing will be beneficial to DLF according to JM Financials.
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