BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Bank of America Merrill Lynch
|Target Hit|| Long (1Y)
Bank of America Merrill Lynch maintains underperform on DLF
The brokerage says DLF to remain cash-flow-negative through FY17 and debt levels to remain elevated up to FY16. It expects slow housing market recovery in Gurgaon.