DHFL - SHARE PRICE PLUNGED AS MUCH AS 60 PERCENT TO HIT FRESH 52-WEEK LOW OF 246.25 AMID HIGH VOLUMES, BUT MANAGED TO TRIM A BIT OF LOSSES ON FRIDAY.
TOTAL QUANTITY TRADED ON FRIDAY AROUND 115.30 MILLIONS
HOWEVER DELIVERABLE QUANTITY WAS AROUND 20.10 MILLIONS
THE STOCK SETTLED AT 351.55, DOWN 259.05, OR 42.43% ON THE EXCHANGE, DRAGGED MAY BE AFTER SELLING OF COMMERCIAL PAPERS WORTH ABOUT 200-300 CRORE BY DSP MUTUAL FUND RECENTLY.
WHAT KAPIL WADHAWAN, HAS TO SAY - CMD, DHFL SAID:
"THIS MARKET MOVEMENT HAS COME AS A BIG SURPRISE TO NOT ONLY DHFL AS AN ORGANISATION IT IS ALSO FOR THE INDUSTRY AT LARGE. WE WISH TO CATEGORICALLY STATE THAT DHFL HAS NOT DEFAULTED ON ANY BONDS OR REPAYMENT NOR HAS THERE BEEN ANY SINGLE INSTANCE OF DELAY ON ANY OF ITS REPAYMENT OF ANY LIABILITY. WE DO NOT HAVE ANY EXPOSURE WITH IL&FS".
TOTAL QUANTITY TRADED ON FRIDAY AROUND 115.30 MILLIONS
HOWEVER DELIVERABLE QUANTITY WAS AROUND 20.10 MILLIONS
THE STOCK SETTLED AT 351.55, DOWN 259.05, OR 42.43% ON THE EXCHANGE, DRAGGED MAY BE AFTER SELLING OF COMMERCIAL PAPERS WORTH ABOUT 200-300 CRORE BY DSP MUTUAL FUND RECENTLY.
WHAT KAPIL WADHAWAN, HAS TO SAY - CMD, DHFL SAID:
"THIS MARKET MOVEMENT HAS COME AS A BIG SURPRISE TO NOT ONLY DHFL AS AN ORGANISATION IT IS ALSO FOR THE INDUSTRY AT LARGE. WE WISH TO CATEGORICALLY STATE THAT DHFL HAS NOT DEFAULTED ON ANY BONDS OR REPAYMENT NOR HAS THERE BEEN ANY SINGLE INSTANCE OF DELAY ON ANY OF ITS REPAYMENT OF ANY LIABILITY. WE DO NOT HAVE ANY EXPOSURE WITH IL&FS".