Archive · 19 Jun 2025
DLF Shares Surge After Privana Success, Mumbai Project Next?
DLF, a real estate company, has had a successful sale of its Privana North project, which has made a financial company, JM Financial, think the company's shares are a good buy.
They believe DLF's shares can increase in value.
DLF is starting a new project in Mumbai, which could help the company grow even more.
The company's recent earnings have also increased significantly.
JM Financial has a 'Buy' rating on DLF with a target price of Rs 1,000 per share.
DLF's shares have increased by over 14% in the last month.
DLF is preparing for its first project in Mumbai, which recently received RERA approval.
The initial phase of the Mumbai project will include 400 units, priced from Rs 6.5 crore.
DLF's Q4FY25 profit increased by nearly 39% year-on-year to Rs 1,282 crore.
- Who
- DLF and JM Financial.
- What
- DLF's shares are viewed positively by JM Financial after Privana North sales and future Mumbai project.
- When
- Recently, based on the success of Privana North and the upcoming Mumbai project.
- Where
- Gurugram and Mumbai, India.
- Why
- Due to successful sales and upcoming projects, leading to positive market outlook.
- Brokerage Recommendation
- Buy
- Target Price
- Rs 1,000 per share
- Share Price Increase (1 month)
- Over 14%
- Mumbai Project Status
- RERA approved
- Mumbai Project Units (Initial Phase)
- 400
- Mumbai Project Starting Price
- Rs 6.5 crore
- Q4FY25 Profit
- Rs 1,282 crore
Sources
Gurgaon Real Estate: DLF Sells All 1,164 Luxury Apartments Within A Week For Rs 11,000 Crore
DLF clocks ₹11,000 crore in bookings as Privana North project sells out in a week
DLF achieves ₹11,000 crore sales in one week for luxury Privana North Project
DLF sells out ₹11,000 cr luxury residential project in one week
DLF’s Rs 11,000-crore Privana North project in Gurugram sold out in just a week
DLF Share Price Zooms As Company Sells Out Rs 11,000 Crore Privana North Project Within A Week
Real Estate Major DLF Ltd. Sells 1,164 Luxury Apartments For ₹11,000 Crore; Strong Investor Demand For Premium Residential Properties
