 "DHFL crisis. Photo: iStock")
Shares of Dewan Housing Finance Corporation (DHFL) were trading lower for the fourth straight day, down 13 per cent to Rs 41 on the BSE on Friday in an otherwise strong market after the company defaulted on principal and interest payments on non convertible debentures (NCDs) aggregating Rs 105 crore. The stock of the housing finance company was trading close to its 52-week low of Rs 37 touched on August 23, 2019.
At 02:53 pm, DHFL was quoting 9 per cent lower at Rs 43 on the BSE, as compared to a 5 per cent rally in the S&P
At 02:53 pm, DHFL was quoting 9 per cent lower at Rs 43 on the BSE, as compared to a 5 per cent rally in the S&P
