Along with many real estate stocks, DLF also was plagued by issues particular to real estate sector like debt etc. and sluggishness in economy as a whole.
The company has officially survived and not met the fate of the likes of the fallen giants of real estate like Unitech and so on.
Now, after the RERA laws, penetration of more corporate real estate players, the sector has officially debuted into more organised expansion as an industry. The company has been making all efforts to decrease debt and has been successful in doing so.
Current price is Rs.240, In the fresh bull market that has been born from the ashes of Covid crisis led market crash, this stock can swiftly more towards 500 in a year.
Further holding need monitoring, so do with all stock investments.
Thank you, happy investing and trading!