DHFL touches roof on getting no objection from Reserve Bank
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Dewan Housing Finance Corporation is currently trading at its upper limit of Rs. 19.80, up by 0.90 points or 4.76% from its previous closing of Rs. 18.90 on the BSE.
The scrip opened at Rs. 19.50 and has touched a high and low of Rs. 19.80 and Rs. 19.10 respectively. So far 349917 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 43.00 on 14-Dec-2020 and a 52 week low of Rs. 8.40 on 01-Apr-2020.
Last one week high and low of the scrip stood at Rs. 19.80 and Rs. 16.30 respectively. The current market cap of the company is Rs. 621.37 crore.
The promoters holding in the company stood at 39.21%, while Institutions and Non-Institutions held 5.92% and 54.87% respectively.
Dewan Housing Finance Corporation (DHFL) has received no objection from the Reserve Bank and has filed application with NCLT for submission of the resolution plan of Piramal Capital & Housing Finance. Earlier this week, DHFL had announced Piramal group's resolution plan getting approval from the RBI.
DHFL is one of India’s premier housing finance companies and is among the oldest private sector Housing Finance Companies (HFC) in India. The company was established to enable access to affordable housing finance to the lower and middle income groups in semi-urban and rural parts of India.
