BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
CLSA maintains sell on DLF
Restructuring will generate positive news flow. Expect stake sale and equity infusion by end of FY2017. Debt reduction from here on will be positive for the stock. Sustainable turnaround in cash flow is important.