12.03.2012 - Are cracks in DLF alone or is real estate sector suffering from strategic mistakes?
Last September, Veritas Investment Research created a flutter when it predicted Kingfisher Airlines was on the brink of bankruptcy. A couple of weeks ago, the Canadian research firm claimed DLF is "a crumbling edifice." But this time, its analysis hasn't got the media and sector experts gasping. Most have shrugged off the claim that DLF shares are worth Rs 100 a piece as an exaggeration. As a stock analyst said, "It's the same old story." DLF is facing scrutiny from both Sebi and the Ministry of Corporate Affairs. There is a larger question at play though...............................................Full Article: Source
Print