Goldman upgrades DLF to 'buy' on upcoming projects
The upcoming projects include residential developments in Gurgaon, close to the capital, New Delhi.
Goldman said DLF would also benefit from expected cuts in interest rates and continued debt reduction.
The investment bank raised its 12-month target price on DLF shares to 295 rupees from 224 rupees. The company's shares were down 0.4 per cent as of 0422 GMT.
Stocks More on DLF
Company INFO More on DLF
Be the first to comment.