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smartcat
Senior Member
Joined: 29/Mar/2007
Location: India
Online Status: Offline
Posts: 4243
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 Posted: 18/Oct/2007 at 5:07pm |
DLF did not define carpet area: MRTPC
The Monopolies and Restrictive Trade Practices Commission (MRTPC) has held that the real estate company DLF Universal Ltd indulged in an unfair trade practice by not disclosing to a complainant the basis of carpet area calculations, thus prejudicing the interest of consumers. |
I seem to like companies that get into trouble with authorithy!
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smartcat
Senior Member
Joined: 29/Mar/2007
Location: India
Online Status: Offline
Posts: 4243
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 Posted: 31/Oct/2007 at 4:04pm |
DLF Q2 FY08 net profit up at Rs 2018 cr
DLF in Q2 FY08 has reported net profit of Rs 2018 crore versus Rs 1515.48 cr on QoQ basis. During the corresponding quarters, its net sales were up at Rs 3250 crore versus Rs 3073.78 crore. |
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muralimohan001
Senior Member
Joined: 22/Sep/2006
Location: United States
Online Status: Offline
Posts: 217
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 Posted: 04/Nov/2007 at 1:21am |
DLF looks to bring home 20,000 migrant workers
Homecoming win-win deal. DLF, plans to bring 20,000 Indian labourers from the Middle East back home to work for its projects
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If money is your hope for independence, you will never have it. The
only real security that a man can have in this world is a reserve of
knowledge, experience and ability.
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smartcat
Senior Member
Joined: 29/Mar/2007
Location: India
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Posts: 4243
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 Posted: 07/Nov/2007 at 3:28pm |
Real estate is one sector which MF industry missed in 2006, and they are continuing to ignore it in 2007.
Yes, a large number of mutual funds have exposure to DLF but it constitutes only 1 - 2% of their overall portfolio. This is surprising since DLF is a high profile company with a massive market cap and is expected to generate a net profit of Rs. 8,000 crores in FY09.
Real estate sector weightage in the indices will continue to go up. I wonder when these guys will wake up and smell the coffee.
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basant
Admin Group
Joined: 01/Jan/2006
Location: India
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Posts: 18403
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 Posted: 07/Nov/2007 at 3:56pm |
Quite a piquant observation. I also missed the entire story and thought about it as a bubble waiting to burst but all these funds have amandate to remain invested through diversification.
Sonner rather then later they would load onto it. For that you need to look at the funds that have a mandate to be evaluated on the basis of the index which has DLF as one of its constituents.
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'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
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deveshkayal
Senior Member
Joined: 04/Sep/2006
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Posts: 3903
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 Posted: 18/Nov/2007 at 10:43pm |
DLF through its various entities have lapped up around 10% stake in Akruti Nirman.
Plz confirm the above news.
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"You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beat the guy with a 130 IQ. Rationality is essential"- Warren Buffett
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deveshkayal
Senior Member
Joined: 04/Sep/2006
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Posts: 3903
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 Posted: 21/Nov/2007 at 12:13pm |
CLSA has a price target of 1108, Merrill Lynch 1160.
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"You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beat the guy with a 130 IQ. Rationality is essential"- Warren Buffett
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basant
Admin Group
Joined: 01/Jan/2006
Location: India
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Posts: 18403
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 Posted: 21/Nov/2007 at 12:31pm |
These brokerages nevr go too far from each other. There is great comfort in staying with the crowd!
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'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
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