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DLF

DLF cmp 913.75 by Monthly Chart view since listed*DLF cmp 913.75 by Monthly Chart view since listed* - Support Zone 760 to 800 Price Band - Resistance Zone at 915 to 970 Price Band - Weekly basis Support at 848 > 780 > 710 with Resistance at 995 > 1070 > 1135 >>>> ATH 1225 - *Stock seen to be in heavy consolidation under trading price range of 915 to 970 over the past few months* - *Close to 16+ years long timeframe Double Bullish Rounding Bottom, 1st by neckline at Support Zone and at Resistance Zone*
NSE:DLF
by PIYUSHCHAVDA
Cosmic Collision: DLF & Oberoi Realty Clash in Real-Estate Space◉ Abstract The Indian real estate market is growing fast and is expected to reach $1 Trillion by 2030. Two big companies in this field are DLF and Oberoi Realty. DLF makes most of its money from commercial properties mainly through rental income, while Oberoi Realty focuses on homes. Both companies are doing well, but Oberoi Realty is growing faster and making more profit. DLF's stock price might go up soon after being stable for a long time. Oberoi Realty's stock has been going up steadily. Both companies don't have too much debt and are attracting investors. DLF seems expensive when you look at its price compared to earnings, while Oberoi Realty looks like a better deal. Oberoi Realty is also spending more on growing its business. In the end, both companies are in a good position to benefit from India's growing economy and increasing demand for real estate. ◉ Introduction The Indian real estate sector has witnessed significant growth in recent years, driven by increasing demand, policy reforms, and infrastructure development. Two prominent players, DLF Limited and Oberoi Realty Limited, have been at the forefront of this growth, shaping the country's urban landscape. Both companies have established themselves as leaders in the industry, with a strong presence in residential, commercial, and retail segments. ◉ Indian Real Estate Sector: Future Growth Prospects India's real estate market is expected to register significant growth in the coming years, driven by a number of factors. Here's a quick summary of the key trends: ● Market size and GDP contribution: The market size is expected to reach US$ 1 trillion by 2030, up from US$ 200 billion in 2021, and contribute 15.5% to GDP by 2047. ● Residential market growth: The residential market is witnessing strong growth, with the value of home sales reaching an all-time high of Rs. 3.47 lakh crore (US$ 42 billion) in FY23. Demand is surging in top 8 cities across mid-income, premium, and luxury segments. ● Retail and office space: The retail and office space segments are also growing rapidly. Gross leasing in top 7 cities crossed 60 million sq ft for the first time in 2023, with technology companies leading leasing activity. ● Data centers: Data center demand is on the rise, with an expected increase of 15-18 million sq ft by 2025. ● Housing shortage: There is a significant housing shortage in urban areas, with the current shortage estimated at 10 million units. An additional 25 million units of affordable housing are required by 2030. Overall, the Indian real estate sector presents a promising picture for growth and development. The sector is benefiting from a number of factors, including a growing economy, rising urbanization, and increasing disposable incomes. This is leading to strong demand for both residential and commercial properties. ◉ Company Overviews ● DLF NSE:DLF DLF Limited, along with its subsidiaries, focuses on colonization and real estate development across India. Their activities encompass land acquisition, project planning, construction, and marketing. The company specializes in developing and selling residential projects, while also managing commercial office spaces and retail properties, including malls and hospitality ventures. Notably, it owns The Lodhi Hotel and Hilton Garden Inn in New Delhi, as well as the DLF Golf & Country Club in Gurugram. Additionally, DLF is involved in leasing, maintenance, power generation, and recreational services. Established in 1946, DLF Limited is headquartered in Gurugram and operates as a subsidiary of Rajdhani Investments and Agencies Private Limited. ● Oberoi Realty NSE:OBEROIRLTY Oberoi Realty Limited, along with its subsidiaries, focuses on real estate development and hospitality in India. It operates in two main segments: Real Estate and Hospitality. The company develops and sells various projects, including residential, commercial, hospitality, retail, and social infrastructure. It also leases office and retail spaces. Additionally, it manages hotel operations, which include room sales, food and beverage services, and related offerings, as well as constructing residential apartments and providing property management services. Established in 1998, the company is based in Mumbai, India. ◉ Market Capitalization ● DLF - ₹ 2,26,256 Cr. ($26.8 B) ● Oberoi Realty - ₹ 68,970 Cr. ($8.2 B) ◉ Relative Strength The chart vividly demonstrates that neither company has managed to surpass the performance of the real estate sector over the past year. The realty sector has achieved an impressive return of 94%, while DLF and Oberoi Realty have delivered returns of 73% and 67%, respectively. ◉ Technical Aspects ● DLF ➖ Since its listing in July 2007, DLF reached an impressive peak of ₹ 1046 in January 2008. ➖ However, the stock faced a significant decline following the Lehman Brothers crisis later that year. ➖ After enduring a lengthy period of consolidation lasting eight years, the price stabilized around ₹ 66 in February 2016 and began its upward trajectory. ➖ Now, after nearly 17 years of consolidation, the stock is trading just below a critical resistance level, with a breakout anticipated in the near future. ● OBEROIRLTY ➖ Since its launch in December 2010, Oberoi Realty has shown a consistent upward trajectory ➖ During this ascent, the stock formed a Bullish Pennant pattern, and after breaking out, it surged to an all-time high of ₹ 1970 in September 2024. ➖ Currently, it is trading just below this peak. Analysts expect the stock to continue its upward momentum and reach new heights in the coming days. ◉ Revenue Breakdown ● DLF DLF mainly generates its revenue from real estate development, concentrating on both commercial and residential areas. Significantly, the commercial real estate sector contributes a considerable 74% of the company's total revenue, largely through rental income. ● OBEROIRLTY The company predominantly earns around 97% of its revenue from the real estate development sector. Furthermore, it also participates in the hospitality industry, which adds the remaining 3% to its overall revenue. ◉ Revenue & Profit Analysis ● DLF ➖ Over the past three years, DLF has recorded a modest compounded annual growth rate of 6% in sales. ➖ Despite this, the company has seen remarkable profit growth, which surged by 33% during the same timeframe. ➖ Currently, DLF enjoys a robust operating profit margin of 33%, an increase from 30% in FY23. ➖ In fiscal year 2024, earnings per share have jumped to 11.02, up from 8.22 the previous year, reflecting a consistent upward trend in EPS over the last four years. ● OBEROIREALTY ➖ In the last three years, Oberoi Realty has achieved an impressive compounded annual growth rate of 30% in sales. ➖ Profit growth has closely mirrored this success, with a CAGR of 34% during the same period. ➖ The company currently boasts an outstanding operating profit margin of 55%, a figure that continues to rise. ➖ While the EPS growth from FY23 to FY24 is modest, with EPS standing at 52.99 compared to 52.38 the previous year, the overall trend in EPS has been positive over the last four years. ◉ Valuation ● P/E Ratio ➖ DLF's current price-to-earnings (P/E) ratio stands at 79.6, slightly exceeding its 1-year median P/E of 76.7. However, when juxtaposed with the industry average of 34.4, it becomes evident that DLF is significantly overvalued at this time. ➖ In contrast, Oberoi Realty presents a P/E ratio of 31.50, which is just above its 1-year median P/E of 29.6. Yet, when compared to the industry P/E of 34.4, it appears to be undervalued. ● P/B Ratio ➖ DLF's price-to-book (P/B) ratio is 5.74, indicating a substantial overvaluation relative to the industry average of 3.54. ➖ Similarly, Oberoi Realty also seems overvalued with a P/B ratio of 4.98. ● PEG Ratio ➖ Oberoi Realty's PEG ratio of 1.83 positions it as an attractive investment opportunity, especially when compared to DLF's considerably higher PEG of 4.79. ◉ Profitability Analysis ➖ DLF ROCE - 6% in FY24 ➖ OBEROIRLTY ROCE - 15% in FY24 ➖ These numbers clearly demonstrate that Oberoi Realty is more profitable than DLF, as it efficiently leverages its total capital—comprising both equity and debt—to yield higher returns. ◉ Capex Analysis ● DLF ➖ The cash flow statement for DLF reveals a negative capital expenditure, indicating that the company is selling or disposing of its existing capital assets. ➖ This suggests a strategic decision to reduce its portfolio of office spaces and similar fixed assets, as they are no longer deemed necessary. ● OBEROIRLTY ➖ In contrast, Oberoi Realty has ramped up its capital expenditure from 601 crore to 677 crore compared to the previous year. ➖ This increase is a positive sign for the company, reflecting its ambition for expansion and growth in the market. ◉ Cash Flow Analysis ➖ DLF has demonstrated impressive growth in its operating cash flow, rising to 2,539 crore from 2,375 crore in FY23. ➖ Oberoi Realty has also performed exceptionally well, transforming its cash from operations to an impressive 2,810 crore, marking a significant recovery from a considerable negative of 2,383 crore in FY23. ◉ Debt Analysis ➖ DLF demonstrates robust financial health with a manageable debt level of 4,894 crores and an impressive debt to equity ratio of just 0.12, signaling that debt is not a significant issue for the company. ➖ On the other hand, Oberoi has a debt of 2,495 crores, resulting in a debt to equity ratio of 0.18, which indicates that the company is also not worried about its debt situation. ◉ Shareholding Pattern ● DLF ➖ Currently, Foreign Institutional Investors (FIIs) possess a 16.17% stake, reflecting a decline from the previous quarter. ➖ On the other hand, Domestic Institutional Investors (DIIs) have increased their holdings to 4.81% as of the June quarter, a slight rise from 4.77% in the last quarter. ● OBEROIRLTY ➖ Foreign Institutional Investors (FIIs) have made a notable increase in their investment in this stock, now holding 18.05%, up from 16.96% in the last quarter. ➖ Conversely, Domestic Institutional Investors (DIIs) have reduced their stake to 12.30%, down from 12.83% in the March quarter. ◉ Conclusion After a comprehensive assessment of the technical and financial metrics, we have concluded that Oberoi Realty has surpassed DLF in terms of valuation, profitability, revenue growth, and future expansion prospects. However, this does not imply that DLF cannot enhance its performance in the future. In fact, DLF is on the verge of a significant multi-year breakthrough, and if this happens, it could create an excellent opportunity for investors to take advantage of any price declines. In the end, both companies exhibit strong growth potential as they are leaders in the real estate sector. As the economy continues to grow, both Oberoi Realty and DLF are well-positioned to capitalize on this expansion.
NSE:DLFLong
by GoodluckCapital
3
Godrej Properties for 50% upsideDate: 23 Sep’24 Stock: Godrej Properties Timeframe: Daily Chart Godrej Properties seems to have begun Wave V of 3 impulse which is heading towards 4900 levels (50%+ from current price of 3200) as seen in the chart. Both, increase in volume and RSI breakout confirm this move. More clarity on the target will emerge as the move develops. Possible before the end of this financial year? This is not a trade recommendation. Please do your own analysis before investing.
NSE:GODREJPROPLong
by DhandhaPaani
DLF FOR 890 - 915Delhi Land & Finance (DLF Limited) is an Indian commercial real estate development company. DLF has developed residential colonies in Delhi and all over India now. We do see a stock in range bound phase in last 2 to 3 months and now we do see good volume coming back to DLF as it is very positive sign. C.M.P 📑- 872 Target 🎯 -890 - 915 Stoploss 🚫 - 840 Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea! ✅ Disclaimer: This is not any stock recommendation; this is only for educational purpose. Eat🍜 Sleep😴 Trading View📈 Repeat 🔁
NSE:DLFLong
by rohanbangad
DLF Chart set up and my trading strategyDLF We are looking at daily charts of DLF - the stock looks like trading in down trend channel since Apr 2024 - the stock is trading below both 21 day and 63 day EMA - 21 day EMA is below 63 day EMA - channel resistance around 840 Chart structure is looking weak - likely support zone around 200 day EMA which is currently around 769 Given the set up and my view, my trading strategy Sell DLF 29 Aug 2024 850 Call option currently around 19.5 Review point if DLF sustains above 842 on closing basis In built protection for a rise up to 869.5 till 29 August 2024 (giving ample scope to adjust / exit with less damage in case view is wrong) Max profit potential (Rs 16087) on Margin (Rs 126800 approx) : 12.5% approximately till Aug 2024 expiry The strategy covers known risk and provides some cushion above those levels to some extent and provides decent ROI potential. Do not follow me blindly. Understand the implication of the strategy and learn to manage your risk Take care & safe trading...!!! Disclaimer - The view expressed here is my personal view - Past performance is not a guarantee for future predictions - I have been wrong in the past and can be wrong again in future too - Use this for educational purpose - Any decision you take, you need to take responsibility for the same - It's your hard earned money. Treat it wisely - Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance - if trading in F&O, understand that F&O trading involves risk - Do take proper risk management measures - Do your own analysis and consult your financial adviser if need be
NSE:DLFShort
by indiamarketoutlook
1
DLF Is showing continues correction from upper levels Stocks to Keep in Radar for Next Week ⏩ SBIN ⏩ NMDC ⏩ BHEL ⏩ DLF DLF is forming lower lows from past few weeks now it has come around prev support level Wait for price to form price action pattern if decisively sustains outside the range of 780 to 850, directional movement could be possible However in case of Bearish pattern at higher level, it may come back to prev week's range *Election Results can create Volatility in the Maket Keep Tracking Charts *For Educational Purpose Learn & Practice Price Action setups
NSE:DLF
by Himanu_HATradeTalk1
DLF - Ichimoku BreakoutStock Name - Dlf Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 719 #This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market. #CloudTrading #IchimokuCloud #IchimokuFollowers #Ichimokuexpert I hope you all like my analysis. Please do share your thoughts into comment section. Please give a like, share & subscribe for daily analysis.
NSE:DLFLong
by nikunjbhadja
DLF: CUP AND HANDLETrading Strategy : Stock has given a breakout of the formation of cup and handle . One should buy the stock near the current level i.e. 468 and keeping a stop loss of 400 , look for the target of 600-800 in the coming weeks and months. Buy: CMP Stop loss : 400 Targets: Tgt 1: 600 Tgt 2: 800 Theory: The Cup with Handle is a bullish continuation pattern that marks a consolidation period followed by a breakout. It was developed by William O'Neil and introduced in his 1988 book, How to Make Money in Stocks. As its name implies, there are two parts to the pattern: the cup and the handle. The cup forms after an advance and looks like a bowl or rounding bottom. As the cup is completed, a trading range develops on the right-hand side and the handle is formed. A subsequent breakout from the handle's trading range signals a continuation of the prior advance. Trend: To qualify as a continuation pattern, a prior trend should exist. Ideally, the trend should be a few months old and not too mature. The more mature the trend, the less chance that the pattern marks a continuation or the less upside potential. Cup: The cup should be “U” shaped and resemble a bowl or rounding bottom. A “V” shaped bottom would be considered too sharp of a reversal to qualify. The softer “U” shape ensures that the cup is a consolidation pattern with valid support at the bottom of the “U”. The perfect pattern would have equal highs on both sides of the cup, but this is not always the case. Cup Depth: Ideally, the depth of the cup should retrace 1/3 or less of the previous advance. However, with volatile markets and over-reactions, the retracement could range from 1/3 to 1/2. In extreme situations, the maximum retracement could be 2/3, which conforms with Dow Theory. Handle: After the high forms on the right side of the cup, there is a pullback that forms the handle. Sometimes this handle resembles a flag or pennant that slopes downward, other times it is just a short pullback. The handle represents the final consolidation/pullback before the big breakout and can retrace up to 1/3 of the cup's advance, but usually not more. The smaller the retracement, the more bullish the formation and significant the breakout. Sometimes it is prudent to wait for a break above the resistance line established by the highs of the cup. Volume: There should be a substantial increase in volume on the breakout above the handle's resistance. Target: The projected advance after breakout can be estimated by measuring the distance from the right peak of the cup to the bottom of the cup.
NSE:DLFLong
by TradingSutra