Latest news with #DLFLtd.
Time of India
29-05-2025
- Business
- Time of India
Stock market update: Nifty Realty index falls 0.23% in an upbeat market
NEW DELHI: The Nifty Realty index traded negative around 10:09AM(IST)on Thursday in an upbeat market. Prestige Estates Projects Ltd.(up 2.84 per cent), DLF Ltd.(up 1.66 per cent), Brigade Enterprises Ltd.(up 0.72 per cent) and Anant Raj Ltd.(up 0.7 per cent) were among the top gainers. Godrej Properties Ltd.(down 2.29 per cent), Macrotech Developers Ltd.(down 2.03 per cent), Oberoi Realty Ltd.(down 1.2 per cent), Sobha Ltd.(down 1.01 per cent) and Phoenix Mills Ltd.(down 0.95 per cent) were the top losers on the index. The Nifty Realty index was down 0.23 per cent at 942.7 at the time of writing this report. Benchmark NSE Nifty50 index was up 86.0 points at 24838.45, while the BSE Sensex was up 303.82 points at 81616.14. Live Events Among the 50 stocks in the Nifty index, 39 were trading in the green, while 11 were in the red. Shares of Vodafone Idea, IFCI, MMTC, Reliance Power and Sagility India were among the most traded shares on the NSE. Shares of IFB Agro, Quality Power Electr, Shree Global, Kavita Fabrics and AXISCADES Engg Tech hit their fresh 52-week highs in today's trade, while Lasa Supergenerics, Bharat Rasayan, Orchid Pharma, Borana Weaves and California Soft(PP)hit fresh 52-week lows in trade.
Time of India
20-05-2025
- Business
- Time of India
Stock market update: Nifty Realty index advances 0.76% in a weak market
NEW DELHI: The Nifty Realty index traded positive around 09:59AM(IST)on Tuesday in a weak market. DLF Ltd.(up 5.18 per cent) and Raymond Ltd.(up 4.99 per cent) were among the top gainers. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like '부모님 허리통증, 아직도 파스만 붙이세요?' 붙이기만 해도 시원하다는 후기, 많습니다 닥터신 더 알아보기 Undo Macrotech Developers Ltd.(down 1.29 per cent), Phoenix Mills Ltd.(down 1.22 per cent), Brigade Enterprises Ltd.(down 0.76 per cent), Sobha Ltd.(down 0.72 per cent) and Anant Raj Ltd.(down 0.53 per cent) were the top losers on the index. The Nifty Realty index was up 0.76 per cent at 940.25 at the time of writing this report. Benchmark NSE Nifty50 index was down 50.21 points at 24895.25, while the BSE Sensex was down 175.56 points at 81883.86. Live Events Among the 50 stocks in the Nifty index, 22 were trading in the green, while 28 were in the red. Shares of Vodafone Idea, YES Bank, Tata Steel, Suzlon Energy and BEL were among the most traded shares on the NSE. Shares of Stampede Cap(DVR), Kilitch Drug, Kavita Fabrics, ARSS Infra and Aaron Industries hit their fresh 52-week highs in today's trade, while Protean eGov Techno, Ortel Communications, Shyam Telecom, Zenith Exports and Regency Ceramic hit fresh 52-week lows in trade.
Business Upturn
20-05-2025
- Business
- Business Upturn
Nomura maintains ‘Neutral' on DLF after strong Q4; Midtown JV boosts revenue recognition
Nomura has retained its 'Neutral' rating on DLF Ltd. with a target price of ₹700, following the company's robust Q4FY25 performance, driven by strong revenue recognition from its 'Independent Floors' and first-time contribution from the high-profile 'Midtown JV' project. DLF posted a 36.3% year-on-year rise in net profit to ₹1,282.2 crore, while revenue jumped 46.5% to ₹3,127.6 crore. EBITDA also surged 29.7% YoY to ₹978.1 crore, though EBITDA margin declined to 31.3% from 35.3% a year earlier, reflecting changes in project mix. The company declared a dividend of ₹6 per share, up 20% YoY, in line with street expectations. Midtown JV drives upside; collections hit all-time high Nomura said the topline beat was fueled by better-than-expected revenue recognition from DLF's residential segment, especially its Independent Floors product and the first-time contribution from the Midtown JV. The brokerage noted Q4 revenue, EBITDA, and PAT came in at ₹31 billion, ₹10 billion, and ₹13 billion respectively — up 47%, 30%, and 39% YoY. Collections stood at ₹33 billion, marking a 54% YoY and 9% QoQ growth — the highest ever for a single quarter. This helped DLF maintain a net cash position of ₹6,800 crore, significantly strengthening its balance sheet. FY26 outlook stable with healthy launch pipeline Management reiterated its medium-term launch pipeline at ₹739 billion, with FY26-specific guidance at ₹170–180 billion — unchanged from earlier forecasts. Nomura views this as a sign of operational stability, backed by strong cash flows and visibility across key geographies like Delhi-NCR. The brokerage, however, maintained a neutral stance, suggesting that near-term positives are largely priced in. 'While execution is solid and cash flows strong, the stock valuation remains fair given current levels and sector positioning,' Nomura wrote. Disclaimer: This article is based on the brokerage report by Nomura. It does not constitute investment advice. Investors are advised to consult their financial advisors before making any investment decisions.
Time of India
19-05-2025
- Business
- Time of India
Stock market update: Nifty Realty index advances 1.85% in a weak market
NEW DELHI: The Nifty Realty index traded positive around 10:37AM(IST)on Monday in a weak market. Raymond Ltd.(up 4.99 per cent), DLF Ltd.(up 2.39 per cent), Godrej Properties Ltd.(up 2.33 per cent), Phoenix Mills Ltd.(up 2.26 per cent) and Macrotech Developers Ltd.(up 2.13 per cent) were among the top gainers. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Live Comfortably: 60m2 prefabricated bungalow for the elderly in Bangselok Pre Fabricated Homes | Search Ads Search Now Undo Prestige Estates Projects Ltd.(down 0.52 per cent) and Brigade Enterprises Ltd.(down 0.51 per cent) were the top losers on the index. The Nifty Realty index was up 1.85 per cent at 929.4 at the time of writing this report. Benchmark NSE Nifty50 index was up 2.46 points at 25022.25, while the BSE Sensex was down 37.55 points at 82293.04. Live Events Among the 50 stocks in the Nifty index, 33 were trading in the green, while 17 were in the red. Shares of Vodafone Idea, YES Bank, IRFC, Reliance Power and BEL were among the most traded shares on the NSE. Shares of Peria Karamalai Tea, Stampede Cap(DVR), Kanpur Plastip, Shankara Bldg Prod and Divis Labs hit their fresh 52-week highs in today's trade, while Protean eGov Techno, Gangotri Text, Compuage Infocom, SKIL Infrastructure and Techindia Nirman hit fresh 52-week lows in trade.
