Stock market analyst Pankaj Jain of Satguru Capital is bullish on DLF and maintained 'buy' rating on the stock to achieve a short term target of Rs 345.

According to him, interested traders can purchase the stock with a stop loss of Rs 324.

Today, the shares of the bank opened at Rs 325.55 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 490.80 and a low of Rs 220 on BSE.

Current EPS & P/E ratio of the stock stood at 8.61 & 38.01 respectively.

DLF, on March 22, said that it sold three-fourths of its expensive flats in central Delhi at Rs 4 crore each in just two days of launch in a sign that demand for such properties is going strong regardless of the drift towards affordable housing.

DLF had rolled out the third and closing stage of 150 flats of Capital Greens near Moti Nagar on March 19.

DLF Limited is the country's largest realty developer based in New Delhi, India. Presently, the company is chaired by Indian billionaire Kushal Pal Singh.

At present, DLF is sponsoring Indian Premier League (IPL), a Twenty20 format cricket league in the country. DLF Group has paid approx. US $40 million to be the title sponsor of the game for a period of five years.