DLF Ltd – 25 July 2025 Market Snapshot

., India's largest listed real estate developer, remains a dominant force in premium residential and commercial real estate. With a strong balance sheet, low debt (D/E < 0.10), and consistent profitability, it continues to expand its footprint across NCR, Mumbai, and the South. As of 24 July, DLF closed at ₹828.95, consolidating in the ₹820–₹860 range. The ₹860 level is a key resistance aligned with the upper trendline. A breakout above this, with volume support, may trigger a rally toward ₹900–₹930, and potentially ₹1,000–₹1,100 in the medium term. MACD has turned positive above the zero line, signaling early bullish momentum, while RSI around 50 suggests neutrality. A move above 55 would strengthen the bullish case. On the downside, supports lie at ₹821 and ₹798. Fundamentals remain strong. In Q4 FY25, DLF posted ₹1,282 crore in net profit (39% YoY growth) and over 90% QoQ revenue growth. It declared a ₹6/share dividend (ex-date: 28 July) and plans to raise ₹1,100 crore via 3-year bonds at 6.92% to fund ongoing projects. DLF’s return to Mumbai with The Westpark in Andheri West marks a major milestone. The project comprises 416 luxury units in 37-storey towers, targeting ₹2,300 crore in sales. Built on a capital-light model, it strengthens brand visibility in India’s most aspirational real estate market. Early demand from HNIs and NRIs has been robust. DLF stands at a strategic inflection point. Strong sales from The Westpark and Privana North in Gurugram (combined potential ₹13,000+ crore) could drive earnings in coming quarters. A breakout above ₹860 could signal the next leg of the uptrend, supported by financial strength, low leverage, and sectoral tailwinds. Disclaimer- Investment in the share market is subject to market risk, and past performance is not indicative of future results. Recommendations are for informational purposes only and should not be considered as buy or sell advice.