Dhfl Shares News

The Wadhawan family, who owns a little over 39% in the company, has been looking at ways of coming out of the stressThese include selling stakes in group entities, including in the flagship, to the extent of giving up half of their stake

Dewan shares have lost nearly 50 percent of their value since allegations of financial mismanagement late last monthDHFL on Wednesday said its CEO Harshil Mehta has decided to resign from his position with immediate effect

The share was down 6.5% at ₹159, having touched a low of ₹153.50 earlier in today’s trade so far on the BSECobrapost accused DHFL's primary promoters of having siphoned off more than ₹31,000 crore of public money

The markets may be ignoring the risks from Urjit Patel's departure for now, but that doesn't mean they have brushed off these risks completely

Analysts believe that the overhang of liquidity crunch will be felt for the next two quarters with a rise in borrowing costs

The company posted a net profit of ₹288 crore a year ago. Revenue from operations stood at ₹3,516 crore during the second quarter against ₹2,628 crore last year

Depreciating rupee, rising interest rates, higher oil prices and an election calendar likely to weigh on Indian stock markets, say analysts.

The clarification follows Sebi seeking details from mutual funds about their exposure to all NBFCs and housing finance companies, amid concerns over liquidity in the system

BNP Paribas Arbitrage purchased 51,45,821 shares of the housing finance firm at ₹297.87 apiece for a total amount of ₹153.27 crore, according to NSE data

A chilling combination of reasonspast defaults, present insecurities and uncertain future expectationshas markets spooked and it will require more than empty assurances to restore confidence