Weekly technical picks by Axis Securities: DLF, NCC and APL Apollo Tubes

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In a weekly technical note, brokerage house Axis Securities noted that for this current week, it expects Nifty to trade in the range of 17,500-16,700 with a negative bias. It has listed its top three technical picks for this week with a time horizon of 3-4 weeks.

DLF says no plans to launch REIT public offer in next 12 months

DLF holds bulk of its rental assets (offices and shopping malls) through joint venture firm DLF Cyber City Developers Ltd (DCCDL).

Macrotech Developers vs DLF: Which is a better long-term investment?

Real Estate

Just in the last 1 month, Lodha has lost 18 percent while DLF is down 3 percent. On a YTD basis, both stocks have been in the red, however, Lodha has lost over 15 percent against a 2.5 percent decline in DLF. Let's find out which realty stock between DLF and Macrotech Developers (Lodha) is a better long-term investment.

DLF sales bookings rise 45% to ₹6,599 crore in April-December; to meet ₹8,000 crore target for FY23

DLF's -- the country's largest realty firm in terms of market capitalisation -- sales bookings stood at ₹4,544 crore in the year-ago period.

DLF Q3 net profit rises 37% to ₹519 crore

<ul><li>Total income, however, fell to ₹1,559.66 crore in the third quarter of this fiscal year from ₹1,686.92 crore in the corresponding period of the previous year, according to a regulatory filing.</li></ul>

DLF to launch new properties worth ₹3,500 crore in second half of FY23

In an investors presentation, DLF informed that the company plans to launch residential projects across Gurugram and Panchkula by March 2023 after getting requisite approvals from authorities.

Technical View: Why Motilal Oswal believes its time to buy realty; Here are its 2 stock picks

According to domestic brokerage house Motilal Oswal, the Nifty Realty Index has formed a strong base and it has given a consolidation breakout of the last 11 years since 2011. It has successfully retested the same and started a fresh move towards higher levels.

Realty Play: Should you buy DLF? Here's what Motilal Oswal has to say

In a recent report, brokerage house Motilal Oswal retained its 'neutral' call on DLF with a target price of ₹385, indicating a potential downside of 3 percent.

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Weekly technical picks by Axis Securities: DLF, NCC and APL Apollo Tubes

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