DLF’s stock surged by 9.4% in a month, driven by strong sales and new launches, particularly in the luxury segment. The company plans to expand its residential and rental businesses, reduce debt, and distribute 50% of net profit as dividends. Analysts predict a 32-51% stock price upside, indicating robust growth potential.
Angel One shares rally 5% on announcing Rs 26 dividend despite Q4 profit slump. Here’s what brokerages say
Angel One’s shares surged 5.4% despite a 48.7% drop in Q4 net profit and a 22.2% revenue decline. The company announced a final dividend of