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Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
Kotak maintains buy on DLF
Kotak has maintained 'buy' call on DLF for target price of Rs 180/share. Kotak says that annuity business of DLF will lead the numbers and legacy legal issues have limited incremental implications on the company. Kotak adds that transparency and delivery commitments have improved further and it expects balance sheet recovery in FY2017.