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Buy DLF, target price Rs 223: ICICI Securities - Economic Times 09-Jun-2020
Buy DLF, target price Rs 223: ICICI Securities - Economic Times
While DLFs net debt increased marginally by Rs 4 billion in Q4FY20 to Rs 52.7bn on account of interim dividend payment of Rs 3 billion, the company is comfortably positioned with Rs 25 billion of cash reserves and low net D/E of 0.2 times.
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