On Friday, DLF reported a net profit of Rs 527 crore for Q1FY24 which was up from Rs 470 crore in the same period last year. Revenue from operations during the quarter, however, fell by a marginal 1% to Rs 1,423 crore in the June quarter. The same stood at Rs 1,441 crore a year ago.
Manishi Raychaudhuri on factors that will dictate the market in next few months
If one looks at the undervalued pockets, at least the sectors which are fundamentally good over the long term, but have underperformed in the near