DLF Ltd (DLF.NS) shares rallied 2% in pre-open on Monday, March 24, 2025, as investors remained optimistic before the Q4 FY2025 results of the company. The property giant has been on a high riding on strong pre-sales data and a healthy rental income growth outlook.
Highlights:
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Pre-open price at ₹669.60, higher than Friday's close at ₹655.05
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Q4 FY2025 results likely to reflect sustained momentum in high-end projects
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Rentals income likely to be over ₹7,000 crore in FY26
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Robust launch pipeline of ₹44,100 crore for FY2025
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Medium-term vision of ₹70,400 crore after FY2025
Analysts are upbeat about DLF with an average target price of ₹988 as per recent estimates. The company's success in the likes of The Dahlias and its strategic emphasis on price hikes over time have given confidence to the investors.
Sources: Economic Times, Moneycontrol, Yahoo Finance, March 24, 2025