Page 16 - Dlf
DLF's Q1 sales bookings jump nearly 7-fold to Rs 1,014 cr despite Covid-19
Realty major DLF Ltd's sales bookings jumped nearly 7-fold year-on-year to Rs 1,014 crore during the April-June quarter of this fiscal, on strong demand for its independent floors and luxury homes in Gurugram. The company's sales booking stood at Rs 152 crore in the April-June quarter of the 2020-21 fiscal year because of the nationwide lockdown to control the COVID pandemic. In its investors presentation, DLF said it sustained sales momentum during the June quarter despite the resurgence of COVID infections. Out of the total sales bookings in Q1 of FY22, DLF said the launches of new projects contributed Rs 542 crore. "Encouraging response for independent floors across DLF City/New Gurgaon vindicates product demand & acceptability," the presentation said. DLF's CEO Ashok Tyagi had given a sales bookings guidance of Rs 1,000 crore per quarter and over Rs 4,000 crore in the entire 2021-22 fiscal year. On borrowings, DLF said its net debt reduced by Rs 141 crore during the June ...
 "DLF's Q1 sales bookings jump nearly 7-fold to Rs 1,014 cr despite Covid-19")
DLF reports Q1 PAT of Rs 337 crore versus Rs 72 cr loss a year ago
At the end of June, its net debt shrank to Rs 4,745 crore from Rs 5,267 crore in March-end
 "DLF reports Q1 PAT of Rs 337 crore versus Rs 72 cr loss a year ago")
Top headlines: L&T Q1 net profit soars; Tata Motors Q1 net loss narrows
Business Standard brings you the top stories of this evening
 "Top headlines: L&T Q1 net profit soars; Tata Motors Q1 net loss narrows")
DLF posts Rs 337.17 cr profit in June quarter, revenue jumps to Rs 1,242 cr
DLF is the country's largest real estate firm in terms of market capitalisation.
 "DLF posts Rs 337.17 cr profit in June quarter, revenue jumps to Rs 1,242 cr")
DLF sells 551 independent floors in Gurugram for over Rs 1,200 cr
Realty major DLF Ltd has sold 551 luxury independent floors in Gurugram since October last year for over Rs 1,200 crore and is planning to launch more such residential units
REITs reduce borrowing costs by about 200 basis points or more in FY21
Top property developers such as Godrej Properties and the rental arm of DLF reduced their borrowing costs in FY21 by 110 bps and 145 bps, respectively
 "REITs reduce borrowing costs by about 200 basis points or more in FY21")
DLF may underperform on valuations, commercial portfolio concerns
Residential segment sales and outlook however remains robust
DLF targets 30% growth in sales bookings to Rs 4,000 cr during FY22
Realty major DLF aims a 30 per cent jump in its sales bookings to Rs 4,000 crore this fiscal, as the company expects a rise in housing demand despite the Covid-19 pandemic
Realty major DLF sale bookings up 24% at Rs 3,084 cr in FY21
This comes as the firm saw better demand for completed and new inventories despite the pandemic.
 "Realty major DLF sale bookings up 24% at Rs 3,084 cr in FY21")
DLF Q4 profit up 6.4% YoY to Rs 481 cr; firm appoints new CEOs
Firm posts full-year profit of Rs 1,097 cr in FY21 compared with a Rs 597 cr loss the previous year
 "DLF Q4 profit up 6.4% YoY to Rs 481 cr; firm appoints new CEOs")
Top headlines: DLF posts Rs 481 cr profit in Q4; ED sends notice to WazirX
Business Standard brings you the top news of the evening
DLF posts Rs 481 cr profit in Q4; names Ashok Tyagi, Devinder Singh as CEOs
DLF had posted a net loss of Rs 1,857.76 crore in the year-ago period.
 "DLF posts Rs 481 cr profit in Q4; names Ashok Tyagi, Devinder Singh as CEOs")
Clean chit by CBI to Lalu Prasad in connection to DLF bribery case
In relief to Rashtriya Janata Dal (RJD) founder Lalu Prasad, the Central Bureau of Investigation (CBI) has given him a clean chit in connection with a bribery case involving DLF.
 "Clean chit by CBI to Lalu Prasad in connection to DLF bribery case")
Top trading ideas by Anand Rathi: Buy Bajaj Finance, DLF, Maruti
The recent correction in the markets dragged Bajaj Finance's from the high of Rs 5,800 towards Rs 4,400-mark
 "Top trading ideas by Anand Rathi: Buy Bajaj Finance, DLF, Maruti")
Here is a Bull Spread Strategy on DLF by Nandish Shah of HDFC Securities
The short-term trend of the stock turned positive as stock price closed above its 5-day EMA, first time after 07-April 2021
 "Here is a Bull Spread Strategy on DLF by Nandish Shah of HDFC Securities")
Rate-sensitive stocks trade firm as RBI keeps key policy rates unchanged
At 10:52 am, Nifty PSU Bank, Nifty Auto and Nifty Realty indices were trading higher in the range of 1 per cent to 1.5 per cent on the NSE
 "Rate-sensitive stocks trade firm as RBI keeps key policy rates unchanged")
Realty firm DLF raises Rs 500 crore through NCD issue to investors
The tenure of the NCDs is three years and the coupon rate is 8.25%. The NCDs will be listed on the BSE
DLF to raise Rs 500 crore via NCDs in its first major fund hunt in 2021
The Delhi-based group's latest bid to raise funds will be at a coupon rate of 8.25 percent.
 "DLF to raise Rs 500 crore via NCDs in its first major fund hunt in 2021")
Realty firm DLF plans to raise up to Rs 395 cr via issue of debentures
In a regulatory filing, the company informed that the proposal will be discussed on March 3 at a meeting of the finance committee of the board of directors
ACC, TaMo: These 5 cyclical stocks are showing upside bias on charts
The recent gap-up in the range of Rs 290 - Rs 282 levels remains the crucial breakout for the upside in Tata Motors
 "ACC, TaMo: These 5 cyclical stocks are showing upside bias on charts")