CMP: 210

DLF Ltd. is a real estate development company. The Company develops residential, commercial, and retail properties.

DLF is one of those realty stocks thats highly over priced at P/E of around 38 for a company that has slumped in revenues from over 5500 Crores to 2500 Crores in the last 3 years. Profits have slumped from 2500 Crores to less than 1000 Crores in the same period. One should not be blinded by its brand name and avoid getting stuck. Like Suzlon and Reliance Communications, stay away from it. It may spike a little on the upside, but it should not be mis-understood as a rally.