 "DLF")
Shares of DLF moved higher by 7 per cent to Rs 170 on the BSE in intra-day trade on Monday after real estate developer said the residential business was witnessing green shoots of demand with consumer interest witnessing rising trends.
The real estate developer believes that consistent quality supply in conjunction with affordability will lead to the overall recovery in demand. Covid-19 has impacted the economy and the market sentiment in the short term. However, DLF remains optimistic about its business and its growth returning to normalcy.
In the July-September quarter (Q2FY21), the development business demonstrated strong operations. New sales bookings for
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