DLF a top pick: Motilal Oswal

DLF is Motilal Oswal's top pick in the Real Estate sector. The research firm expects FY09-10 to be a period of consolidation, in which the industry leaders would get differentiated from peers.

Motilal Oswal's report:

In FY08, the focus was on the real estate sector as a ‘theme’, with all real estate stocks moving in tandem. In FY09, the focus has shifted to specific companies within the real estate sector. We expect FY09-10 to be a period of consolidation, in which the industry leaders would get differentiated from peers. We believe developers with staying power would utilize this consolidation phase to emerge stronger. Focus on companies with (1) high visibility on monetization of assets over the next 3-5 years, (2) low leverage and robust financials, and (3) strong execution track record. DLF is our top pick in the Real Estate sector.

Visit http://equityadvise.blogspot.com for Detailed indepth Stock Analysis by Me.
The blogger is not responsible for any loss arising on account of transactions done on the basis of recommendations/opinions published here. You are advised to consult your Advisor before taking any decision.