Real estate firm DLF gains traction as a growth-value stock, say brokerages

Both residential and leasing trends point to strong showing in FY23

Healthy growth in 2022-23 (FY23), led by new launches in the residential segment, recovery in the annuity or rental business with higher leasing demand, and improved pricing, indicates strong visibility on revenue and margins for DLF. This, coupled with correction in stock prices, has turned the stock of the country’s largest listed real estate entity into a buying opportunity, say brokerages.

In a recent report, analysts at Sharekhan reiterated their positive view on DLF and expect an upside potential of 41 per cent. They bel­ieve that strong growth potential in residential and rental portfolios and recent correction in the stock offer