18/12/2024, 11:20:05 am

DLF shares fall despite CLSA's 'outperform' rating, target price hike

Shares of real estate major DLF traded almost 1% lower to Rs 867 in morning trade on December 18, extending losses for a third session in a row, despite CLSA raising the target price while maintaining its 'outperform' rating on the stock citing positive levers for growth. With a price target of Rs 975, the international brokerage forecasts an upside potential of 12% from the last closing price.