New Document top_band
 
Business Standard

UBS expects 'no material impact' on DLF from Kejriwal accusations

DLF-ARVIND-KEJRIWAL-ROBERT-VADRA-HARYANA:UBS expects 'no material impact' on DLF from Kejriwal accusations

Read more on:    Dlf | Arvind | Kejriwal | Robert | Vadra | Haryana | Sonia Gandhi
Related News

UBS said it expects limited impact on 's business following recent accusations by anti-corruption activist of improper dealings with , son-in-law of ruling Congress party chief , and the government.

"With the stock down 11 percent on the back of this news flow, and our expectation of no material impact on DLF's business - we believe concerns are largely priced in," UBS said in a note dated on Wednesday.

DLF has denied accusations of improper dealings.

UBS maintained a 'buy' rating on the company.

 

Read more on:   
|
|
|
|
|
|

Read More

Mallya cashes in on UB Holding share rally

Even in bad times, Vijay Mallya has managed to make a neat cash pile for himself by selling a part of his in United Breweries Holding Ltd (UBHL), ...

Quick Links

 

Market News

Today's picks

Nifty, YES Bank, Tech Mahindra, Idea Cellular & Hndalco

FII investment via P-Notes rises to 6-yr high of $37 billion in June

Total value of P-Note investments in Indian markets rose to Rs 2,24,248 crore at the end of June

Sensex ends above 26,000 led by telecom shares

Sensex ended above 26,000 led by telecom shares amid TRAI's spectrum sharing norms

Ceat skids post June quarter results

The stock dipped 9% to Rs 603, falling nearly 12% from intra-day high on National Stock Exchange.

Markets extend gains in late trades; Sensex tops 26,000

Markets firmed up in late trades and the Sensex topped 26,000 led by telecom shares and RIL

Back to Top