DLF, Godrej Properties, Kolte Patil, Brigade, Mahindra, Oberoi Realty, Prestige, Purvankara and Sobha Developers are major listed real estate companies in India, dealing with mainly housing segment
Indian Stock Markets ended the week positive. The support received by markets from lower levels has led NSE Nifty above its important resistance placed at 11100 along with its 50 SMA at 11114.
Rahul Mohindar of Viratechindia is of the view that DLF can move upto Rs 620-630.
DLF has declared the first quarter results and it records a net profit of Rs 1515.48 billion for the period ended June 30, 2007.
The company’s earning per share (EPS) stood at Rs 9.87, and its operating profit margin was at Rs. 56.4% in the first quarter of FY08.
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