Dewan Housing Finance Corporation is currently trading at Rs. 264.70, up by 1.70 points or 0.65% from its previous closing of Rs. 263.00 on the BSE.
The scrip opened at Rs. 264.40 and has touched a high and low of Rs. 267.75 and Rs. 260.65 respectively. So far 228787 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 270.00 on 18-Aug-2016 and a 52 week low of Rs. 140.55 on 12-Feb-2016.
Last one week high and low of the scrip stood at Rs. 270.00 and Rs. 254.15 respectively. The current market cap of the company is Rs. 7732.65 crore.
The promoters holding in the company stood at 34.89%, while Institutions and Non-Institutions held 34.79% and 30.32% respectively.
Dewan Housing Finance Corporation (DHFL) is planning to raise Rs 200 crore. In this regard, the company has proposed to issue unsecured subordinated perpetual non-convertible debentures (NCDs) for Rs 200 crore with a greenshoe option of up to Rs 275 crore. The company is also planning to issue secured redeemable NCDs amounting to Rs 140 crore with a greenshoe option of up to Rs 10 crore on private placement basis.
Dewan Housing Finance Corporation is among the oldest private sector Housing Finance Companies (HFC) in India.
