$DLF Share Price: Elara maintains buy on realty stock but cuts target - Check reasons

DLF Share Price Target: DLF Ltd reported a 1.1 per cent decline in consolidated net profit to Rs 1,269 crore during the March quarter on lower income. The brokerage firm, Elara Capital, is bullish on realty stock but cuts the target price. Check the reasons and the revised target price ***** Share Price Target: DLF Ltd on Wednesday (May 13) reported its Q4 results with a 1.1 per cent decline in consolidated net profit to Rs 1,269 crore for the March quarter, citing lower income. The company has also declared a dividend for its shareholders. Here’s why the brokerage firm, Elara Capital, is bullish on realty stock but cuts the target price.