Categories
Sellside Research

Dalal Street’s finest at Goldman Sachs think DLF is a high conviction pick

The good folks at Goldman Sachs think that the paragon of corporate governance DLF can give upto 74% return in the next one year !

 

Soure:Economic Times

4 replies on “Dalal Street’s finest at Goldman Sachs think DLF is a high conviction pick”

This is wonderful news! Let me sell off my HUL, Brittania, ITC…and stock up my portfolio with DLF!! ET is such a wonderful analysis provider which brings such *valuable* picks by none other than the world famous Goldman Sachs! I feel so privileged!

And they have figured out something none of us ever knew : DLF is in “Financials” sector, and not in Real Estate !

I’m not at all worried that I’ve lost 40% of my investment on DLF, having bought it at the price recommended by GS (167 vs 105 today). In fact, I’m even more bullish on this stock now, since its promoters have been banned from the capital markets for 3 years!

Blunders after blunders. DLF in financial sector and Grasim in Materials sector ? All recommendations except probably IndusInd Bank, all have been losers. Such is the folly of great work done by none other than global great consultancy company called Goldman Sachs.

Leave a Reply

Your email address will not be published. Required fields are marked *