Shares of DLF continued to witness selling pressure on Friday as investors offloaded positions after Vertias recommended a ‘Sell’ on the stock. Shares of DLF, the Delhi-based real estate major, fell 5% on Friday as a fallout of a research report by Toronto-based Veritas Investment. Veritaas Healthcare in DLF Phase I, Gurgaon. Book Appointments Online, View Doctor Fees, address, for Veritaas Healthcare in Gurgaon | Practo.
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However, this report in question is presumptive and mischievous as the analysts have never contacted the company to seek any information or clarification. Foul language Slanderous Inciting hatred against a certain community Others.
Why Veritas report is under scrutiny
The stock had dropped over 5 per cent in yesterday’s trade. Shares of DLF, India’s largest listed property developer, fell as much as Mar 02, Most Indian analysts rubbish the ‘bull’ or ‘bear’ report theory, especially in the case of promoter-owned companies such as RIL and DLF.
An analyst backing verjtas Veritas report pointed that there were a large number of brokerage firms which rate the stock. The report also added that waiting for a bps cut in financial year might be too late.
Sensex finishes year above 36, posts third straight annual gain. Get instant notifications from Economic Times Allow Not now.
DLF under pressure after Veritas report; down 6% – The Economic Times
This book excerpt outlines how saucy, edgy Fastrack was conceived out of the Titan stable verigas evolved into a Denying the charges, DLF had termed the report in question as ‘presumptive and mischievous’, adding that the analysts had never contacted the company before preparing the report.
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The birth of a youth brand This book excerpt outlines how saucy, edgy Fastrack was conceived out of the Titan stable and evolved into a This will alert our moderators to verittas action Name Reason for reporting: Gold extended its rally for the second consecutive week. Fortis again pushes back date to complete RHT Health deal; auditor resigns.
Why DLF Should Be Valued Half Its Current Market Cap: Veritas
The company adheres to the highest standards of corporate governance and financial integrity and the audited financials of the company are always in the public domain. Monga refused to respond to the speculation, saying, “No response to rumours. The stock surged 3.
Other large companies which have come under the Veritas scanner are Reliance Industries, Reliance Communications and financially stressed aviation firm Kingfisher Airlines. No one has come out and said that related party transactions that boost sales and profits should be excluded from the core earnings power of a business,” Monga told this newspaper in an email reply from Toronto.
Government constitutes committee to look into difficulties faced in Drag according to your convenience. According to Monga, “You can disagree with our valuation opinion, but can’t sue us over it. The report does not spare the promoters either. Sell DLF, target Rs In a statement DLF said: Indian analysts, on their part, said the Veritas report has no real surprises. Our Bureau Updated on March 12, What a year has been!
According to dfl report, DLF has faltered at every step — by selling its hotel assets and exiting mega township projects in Karnataka and West Bengal, to name a few. Veritas Investments report says aggressive accounting created a myth The stock of realty major DLF tanked by 6. The outlook for the stock of Kalpataru Power Transmission is positive.
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