Net Interest Margin has risen to 3.44% for Q1 FY2019, as against 3.05% in the comparable period of the previous financial year
Cites incomplete disclosures; firm says deal beneficial to shareholders
The company's net profit was Rs 185.90 crore in the corresponding period previous financial year
The stock up 7% to Rs 289 after the company reported 31.7% YoY jump in net profit at Rs 245 crore in Q3FY17
GIC Housing, Indian Hume Pipe, Aarti Ind, Essel Propack, GHCL and Force Motors were among 37 stocks from the S&P BSE BSE500 and S&P BSE Smallcap index who hit their respective lifetime highs
The stock hit a fresh record high of Rs 317, up 3%, extending its Monday's 2% gain on BSE.
On Tuesday, RBI lowered the repo rate or the rate at which it lends to banks by 0.25 per cent
DHFL's new commercial lends a dose of emotion to a purely logic-based decision
Shares of the company were trading 0.22 per cent up at Rs 302.70 on BSE
With an issue size of Rs 2,000 crore, the company can retain over-subscription of up to Rs 8,000 crore
The NCDs are proposed to be listed on the National Stock Exchange and BSE
The original issue plan was to raise Rs 1,000 crore, with an option to retain oversubscription of up to Rs 4,000 crore
The issue will open for subscription on August 3 and close on August 16
The bond's structure protects investors as well as the issuer in case of extreme fluctuation in inflation numbers
Gross NPA was at 0.98% and the Net Interest Margin increased to 2.91% at the end of June
The company plans to raise Rs 25,000-27,000 cr this year to fund loan growth and hopes to mop up 10% of this from retail deposits
The meeting will be held on to consider and approve