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DLF Gets 'Neutral' Rating As Nomura Initiates Coverage
Nomura's neutral rating reflects that current valuations already account for DLF's long-term growth potential.
20 Mar 2025, 08:40 AM IST 
Nomura appreciates DLF's strong pre-sales expectations for financial year 2026 and financial year 2027. (Photo source: DLF website)
Nomura has initiated coverage on DLF Ltd. with a 'neutral' rating, citing that the long-term growth prospects are already priced into the current valuations. The brokerage has set a target price of Rs 700 for the stock.Nomura appreciates DLF's strong pre-sales expectations for financial year 2026 and financial year 2027, driven by a robust pipeline valued at over Rs 96,000 crore. The firm also highlights the anticipated 12% compound ...
