Technical analyst Siddharth Bhamre of Angel Broking has maintained 'buy' rating on DLF Limited stock with a target of Rs 230.

According to analyst, the stock can be purchased with a stop loss of Rs 203.

The stock of the company, on February 28, marked its closure at Rs 212.05 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 397.35 and a low of Rs 215 on BSE.

Current EPS & P/E ratio stood at 10.59 and 20.34 respectively.

India's second biggest real estate company, DLF Ltd, has introduced one of the priciest residential projects in Delhi this week providing 38 luxury houses at a cost that ranges between Rs 15 to 25 crore.

The company rolled out a super luxury residential venture 'King's Court' that covered up an area of more than 2.3 acres at Greater Kailash-II in South Delhi, with a project cost of around Rs 700 crore.

Besides, DLF Brands, a division of realty firm DLF, is making entry into the home furnishing section.

It aims to establish 30 home solution stores under the brand name 'Pure Home + Living' by 2014 at a total investment of around Rs 200 crore.

Pure Home+Living is the initial in-house product of DLF Brands. Thus far, the majority of the company's retail processes have been either through franchisee or JVs.

The brand, which is eyeing clients from the middle plus the premium class, has facilities in Moradabad, Ferozabad and Jaipur.