DHFL stock slumps 32% after company reports quarterly loss1 min read . Updated: 15 Jul 2019, 06:05 PM IST
- DHFL reported a net loss of ₹2,223 crore for the quarter ended March 31
- The lender has lost nearly 75% of its market value so far this year
Mumbai: Shares of Dewan Housing Finance Ltd (DHFL) on Monday slumped over 32% to hit a six-year low after the company reported a loss for the March quarter and warned that its financial situation was so grim that it may not survive.
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