DLF scales a series of 52-week highs; should you wait before picking for long term?
DLF shares have scaled a series of 52-week peaks in the recent past, with the stock coming within Rs 20 of the Rs 500 mark. DLF is on market wizard Anil Singhvis long-term buy list. Should investors wait for the real estate stock to cool down a bit before adding positions or go ahead and buy aggressively?
DLF shares have scaled a series of 52-week highs, and counting, and remain among the choicest picks of analysts in the real estate basket. The stock has grown 27 per cent in value in 2023 so far and 45 per cent in the last one year, as against the headline Nifty index's gain of about one per cent and 13 per cent respectively.
Check out Anil Singhvi's top picks for long-term wealth creation
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