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

Reuters  |  MUMBAI  

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

"With the stock down 11 percent on the back of this 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.

has denied accusations of improper dealings.

UBS maintained a 'buy' rating on the company.

 

RECOMMENDED FOR YOU

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

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

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

"With the stock down 11 percent on the back of this 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.

has denied accusations of improper dealings.

UBS maintained a 'buy' rating on the company.

 

image

LIVE MARKET

BSE

  ( %)

NSE

  ( %)

Widgets Magazine

More News

STOCK WATCH

Company Price() Chg(%)
3M India 11493.25 13.47
Zensar Tech. 958.00 9.86
Geometric 164.90 8.99
Lycos Internet 29.30 7.13
P & G Hygiene 5864.35 6.91
> More on BSE Gainers
Company Price() Chg(%)
3M India 11532.80 13.78
Kolte Patil Dev. 118.00 12.17
Geometric 165.05 9.45
Zensar Tech. 958.75 9.35
Lanco Infratech 6.15 8.85
> More on NSE Gainers
Company Price() Chg(%)
Indo Count Inds. 1096.90 -9.70
Claris Lifescien 161.90 -7.38
Inox Wind 273.80 -7.19
Sequent Scien. 807.25 -6.60
Sobha 268.30 -5.89
> More on BSE Gainers
Company Price() Chg(%)
NDTV 95.15 -9.08
Sona Koyo Steer. 46.40 -7.11
Inox Wind 273.95 -7.04
Sobha 268.85 -5.72
Federal-Mogul Go 320.15 -5.59
> More on NSE Gainers
Widgets Magazine
Widgets Magazine
Widgets Magazine

Derivatives

Index
Instrument Type
Expiry Date
Option Type
Strike Price