/ DHFL trades in green on the bourses ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Tuesday, 10 April 2018

Dewan Housing Finance Corporation is currently trading at Rs. 534.00, up by 3.10 points or 0.58% from its previous closing of Rs. 530.90 on the BSE.

The scrip opened at Rs. 527.10 and has touched a high and low of Rs. 543.55 and Rs. 527.10 respectively. So far 181303 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 677.85 on 03-Nov-2017 and a 52 week low of Rs. 382.05 on 10-Apr-2017.

Last one week high and low of the scrip stood at Rs. 548.25 and Rs. 518.75 respectively. The current market cap of the company is Rs. 16744.68 crore.

The promoters holding in the company stood at 39.23%, while Institutions and Non-Institutions held 31.01% and 29.76% respectively.

Dewan Housing Finance Corporation (DHFL) is planning to raise funds up to Rs 1,000 crore through Non-Convertible Debentures (NCDs) on private placement basis. The issue will open on April 11, 2018 and will close on the same day.

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.

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