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What's Afoot: Here's why CLSA is bullish on DLF

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CLSA is bullish on DLF and has increased the target price on the stock from Rs 205 to Rs 255 per share. The brokerage firm says that there is visibility in improvement for residential growth as the company has a slew of launches in the next two-three years. CNBC-TV18’s Sonal Bhutra has more details.

CLSA is bullish on DLF and has increased the target price on the stock from Rs 205 to Rs 255 per share. The brokerage firm says that there is visibility in improvement for residential growth as the company has a slew of launches in the next two-three years.
DLF is also expecting to see a free cashflow of around Rs 1,000 crore in FY22 and around Rs 1,500 crore in FY23.
CNBC-TV18’s Sonal Bhutra has more details.
To watch other videos in this series, click on the What’s Afoot tab below.

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SBI429.95 6.65 1.57
CompanyPriceChng%Chng
Tata Steel1,330.50 32.40 2.50
Bajaj Finserv13,801.20 275.85 2.04
SBI429.45 6.15 1.45
Bajaj Finance6,231.20 69.05 1.12
Nestle18,238.45 160.90 0.89
CompanyPriceChng%Chng
Hindalco417.35 17.30 4.32
SBI Life Insura1,105.15 28.50 2.65
Tata Steel1,330.65 32.70 2.52
Bajaj Finserv13,807.85 282.80 2.09
SBI429.95 6.65 1.57
CompanyPriceChng%Chng
Tata Steel1,330.50 32.40 2.50
Bajaj Finserv13,801.20 275.85 2.04
SBI429.45 6.15 1.45
Bajaj Finance6,231.20 69.05 1.12
Nestle18,238.45 160.90 0.89

Currency

CompanyPriceChng%Chng
Dollar-Rupee74.46000.04250.06
Euro-Rupee88.14600.44400.51
Pound-Rupee103.38800.70900.69
Rupee-100 Yen0.67900.00490.71