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Hold DLF, says R Shah

This article was posted on Jul 9, 2009 and is filed under Stock Views

Rajen Shah of Angel Broking is of the view that one can hold DLF.

Shah told CNBC-TV18, “DLF had a smart run up from Rs 140 levels. In fact if you remember couple of months back we had this real estate special show and I had given a strong call on DLF and then the stock rallied almost 200% to about Rs 420 levels. It has corrected now and about Rs 280 levels I would give a hold on DLF because it is currently fairly priced at one time the NAV. So the call would be to hold on to DLF.”

source: Moneycontrol.com

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