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DLF Can Rally 37%, Projects Motilal Oswal, Maintaining 'Buy' — Here's Why

Motilal Oswal's SoTP-based approach for DLF implies a fair valuation, hence reiterates 'Buy' on the stock.

<div class="paragraphs"><p>DLF has a strong portfolio of luxury residential projects that have received an extraordinary response at launches.</p><p>(Photo Source: Company website)</p></div>
DLF has a strong portfolio of luxury residential projects that have received an extraordinary response at launches.

(Photo Source: Company website)

DLF has a strong portfolio of luxury residential projects that have received an extraordinary response at launches. Gurugram is emerging as a destination for uber-luxury residences, where DLF has an absolute monopoly. With pre-sales expected to clock a 20% CAGR over FY24-27, coupled with healthy collections visibility, a large land bank to support long-term growth, a cashpositive balance sheet, steadily growing rental income, and red...
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