Stocks to buy: Foreign brokerage CLSA called stocks such as ONGC and DLF as underdogs. It also likes NTPC. On ONGC, CLSA said the upstream stock is pricing in a Brent crude price lower than the current price.
DLF Q1: The company's consolidated revenue stood at Rs 2,981 crore, while EBITDA came in at Rs 628 crore for the quarter.
An analyst from Arihant Capital said that Suzlon Energy has taken support near the 200-day SMA on the daily charts and has witnessed a sharp rebound accompanied by higher volumes.
DLF stock climbed 6.18% to Rs 783 on BSE. Market cap of the firm rose to Rs 1.92 lakh crore on BSE.
HSBC is positive on Godrej Properties for its decentralised and diversified operations. HSBC likes DLF for its very strong brand and balance sheet; Prestige Estates for its impressive land parcels.
Oberoi Realty stock also closed 1.83% higher at Rs 1845.65. Market cap of the realty firm climbed to Rs 67,108 crore on February 1.
An analyst from Arihant Capital said that Prices of ICICI Bank have taken support at the demand zone of Rs 1,200 - 1,190 levels and have bounced back on the higher side on the daily charts.
HDFC Bank: Religare Broking said the bank's credit-to-deposit (CD) ratio experienced significant deterioration after the merger with HDFC, reaching levels as high as 108.4 per cent. But, the trend has recently begun to reverse, it said.
Multibagger stock : The stock gained 4.5% to Rs 868.70 on BSE. Market cap of the firm rose to Rs 2.14 lakh crore.
DLF stock climbed 2.1% to Rs 871.15 on BSE. Market cap of the firm rose to Rs 2.11 lakh crore.
DLF stock price today: DLF shares rose 2.19 per cent to hit a high of Rs 871.15 on BSE. The DLF stock is up 20 per cent year-to-date and 100 per cent in the past one year.
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