Live
- Akali Dal stages statewide protests over ‘tardy’ paddy procurement in Punjab
- Firing on Nandan Kanan Express in Odisha, probe launched
- Indian Army Seizes Massive Cache Of Arms And Ammunition In Manipur Amid Ongoing Violence
- Polling Stations Open Across Eastern And Central US As Voters Head To The Ballots In Historic Election
- Hyatt set to expand brand presence in Nepal with hyatt regency lumbini
- ITC’s Interrobang?! 2024 unleashes a staggering 550+ innovative ideas from 4600+ students across India’s premier Business schools
- Bengal school job case: Partha Chatterjee moves fresh bail plea at special CBI court
- Choose Smarter Financial Choices Over Impulsive Spending This Festive Season – Bandhan Mutual Fund
- Samsung Tops India’s Smartphone Market with 23% Value Share in Q3: Counterpoint Research
- Deloitte India opens entries for Enterprise Growth Awards 2024 to celebrate excellence in regional businesses
DHFL shares close with over 9 per cent loss
On the BSE, the scrip of the NBFC opened on a negative note and further slumped to Rs 117.65.
New Delhi: Shares of Dewan Housing Finance Corporation Ltd (DHFL) slumped over 9 per cent Wednesday amid reports that the company will no longer accept fresh deposits from public or renew the existing deposits.
The company has also stopped the withdrawal of premature deposits with immediate effect, according to the reports.
On the BSE, the scrip of the non-banking financial company opened on a negative note and further slumped 17.51 per cent to Rs 107.15. It finally settled at Rs 117.65, shedding 9.43 per cent.
On the National Stock Exchange (NSE), the shares declined 9.81 per cent to close the counter at Rs 117.25 apiece.
In terms of equity volume, 55.86 lakh shares on the BSE and nearly 6 crore scrips on the NSE were traded during the day.
Last week, the firm in regulatory filings said credit rating agencies -- Crisil, Icra, Care Ratings and Brickwork Ratings -- have downgraded the company's ratings.
