Our liquidity profile is pretty strong, says DHFL's Kapil Wadhawan

We are strong fundamentally, and extremely liquid to take care of our day-to-day operations, says Wadhawan

Kapil Wadhawan, chairman and managing director of DHFL, speaks to Advait Rao Palepu on the sharp fall in the company’s stock price on Friday. He says the fundamentals of the company are strong, with adequate liquidity to tide over its immediate obligations, if any. Edited excerpts:

Why do you think there was considerable selling pressure on DHFL’s stock?

I am equally shocked by the developments on the stock market after 12 pm. More important, we continue to be fundamentally strong be it on the liquidity front, our asset quality, or the business we do on a monthly basis. I am sure this