JM Financials has initiated a coverage on DLF with a target price of Rs 215. The brokerage house believes that DLF is well placed to benefit from the weak market conditions in the Delhi NCR.

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Pick up in the residential segment, continued tailwinds in the commercial segment and a possible value unlocking in the subsidiary to the REITs listing will be beneficial to DLF according to JM Financials.

First Published:Oct 20, 2020 10:05 AM IST