Q.
Why share price of DLF is going down so sharply? Is there any chance to stop DLF operations ? Should I invest more in it to make it average down?
About: Company: DLF Ltd.
Asked by Santanu Pal,
03 Feb '09 04:40 pm
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Answers (5)
1.
Operations of DLF Ltd. will not stop, but it would be foolish to enter DLF to average it. You may do so at sub-100 levels. the overall results for FY09 are going to be bad, and the EPS Will stand at not more than 7-8 rupees. So giving it a PE of 10/11, it deseves no more than 70-85 bucks!
Answered by Aliasgar Poonawala, 03 Feb '09 05:37 pm
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2.
You can go ahead if you are prepared to lose up to 80% of that money . Only suitable for speculators. Not good from investment angle.
Answered by NASAman, 03 Feb '09 05:04 pm
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