 "DLF")
The DLF stock is up 8 per cent in the past two trading sessions on expectations that the company’s focus on mid-income segment projects, lower costs, and monetisation of land bank would help improve its revenue growth and cash flows. While the current year is expected to be a tough one for residential real estate players, the company indicated it sees green shoots, with revival across markets.
The immediate trigger would be the pace of launches in the mid-income segment and monetisation efforts. Biplab Debbarma of Antique Stock Broking says the company’s focus has now moved from luxury/premium projects with unit
