DLF Limited ( (IN:DLF) ) has issued an announcement.
DLF Limited has received an upgraded credit outlook from CRISIL Ratings, which revised its long-term facilities outlook from ‘Stable’ to ‘Positive’ while reaffirming its ratings. This change reflects DLF’s substantial increase in cash flow, driven by strong sales bookings, new project launches, and a robust market position. The company is expected to maintain a healthy financial risk profile, supported by significant net sales growth and a strong pipeline of upcoming projects. Despite stable gross debt levels, DLF’s financial metrics are projected to improve, aided by its focus on deleveraging and healthy operating performance. However, the company remains susceptible to the inherent risks and cyclicality of the real estate sector.
More about DLF Limited
DLF Limited is a prominent player in the real estate industry, primarily engaged in the development of residential, commercial, and retail properties. The company is known for its strong market position and execution track record, focusing on high-demand areas and luxury projects.
YTD Price Performance: -18.40%
Average Trading Volume: 81,702
Current Market Cap: 1667.2B INR
Learn more about DLF stock on TipRanks’ Stock Analysis page.