Sell DLF, target Rs 157: Manas Jaiswal

INSUBCONTINENT EXCLUSIVE:
Manas Jaiswal of manasjaiswal.com has a sell call on DLF Ltd
with a target price of Rs 157.0
The current market price of DLF Ltd
is Rs 166.75
Time period given by the analyst is Intra Day when DLF Ltd
price can reach the defined target
Manas Jaiswal recommended to keep stoploss at Rs 171
DLF Ltd., incorporated in 1963, has a market cap of Rs 36805.43 crore. DLF Ltd
key Products/Revenue Segments include Property Development which contributed Rs 2366.39 Crore to Sales Value (77.43 % of Total Sales),
Rental Income which contributed Rs 412.89 Crore to Sales Value (13.51 % of Total Sales), Other Operating Revenue which contributed Rs 201.59
Crore to Sales Value (6.59 % of Total Sales) and Other Services which contributed Rs 75.04 Crore to Sales Value (2.45 % of Total Sales)for
the year ending 31-Mar-2018
For the quarter ended 31-12-2018, the company has reported a Consolidated sales of Rs 2219.28 Crore, up 3.75 % from last quarter Sales of
Rs 2139.03 Crore and up 31.03 % from last year same quarter Sales of Rs 1693.72 Crore Company has reported net profit after tax of Rs 111.23
Crore in latest quarter
Gen
(Retd.)Aditya Singh, Mr.A S Minocha, Mr.Ashok Kumar Tyagi, Mr.Devinder Singh, Mr.G S Talwar, Mr.K N Memani, Mr.Mohit Gujral, Mr.Pramod
Bhasin, Mr.Rajeev Talwar, Mr.Rajiv Krishan Luthra, Mr.Rajiv Singh, Mr.Ved Kumar Jain, Mr.Vivek Mehra, Ms.Pia Singh, Ms.Priya Paul
Company has S R Batliboi Co
LLP as its auditoRs As on 31-03-2019, the company has a total of 2,207,221,948 shares outstanding.