June'08 target for DLF

Query: I have 50 shares of DLF at Rs.975,What is the propects of the company and what is the target for June'08? Pramod Kumar

Thebullishtrends: DLF shares are trading at Rs.892. DLF recently signed on MOU with Gayathri Projects one of the leading infra company to develop roads and highway projects across the India. As per this DLF and GPL plans to develp projects worth of Rs.1,000 crore on every year. This will help the company to improve its turnover in the coming months. Buying advised at present levels of DLF. DLF is having aggressive plans in realty and other sectors it is very good stock and you can expect Rs.1350-1450 levels within 6 months time frame. Hold it.