+91 22 28811259, 28449765
  • Home
  • |
  • Markets
  • |
  • Equity
  • |
  • News

News

Market Menu
Hot PursuitBack
DHFL slumps after RBI starts resolution process
02-Dec-19   15:48 Hrs IST
On Friday, 29 November 2019, RBI filed an application for initiation of corporate insolvency resolution process against DHFL under Section 227 of the Insolvency and Bankruptcy Code, 2016. DHFL will be the first NBFC to go through National Company Law Tribunal (NCLT) debt resolution.

The DHFL stock has tanked 58.61% in the past three months as it continue to default in various payment obligations.

On consolidated basis, DHFL reported a net loss of Rs 242.48 crore in Q1 June 2019 as against a net profit of Rs 431.71 in Q1 June 2018. Net sales dropped 24.1% to Rs 2399.84 crore on YoY basis.

Meanwhile, the S&P BSE Sensex closed 0.02% higher at 40,802.17.

Powered by Capital Market - Live News

SEBI Single Regn. No. : BSE / NSE / MSMI - INZ0001192537  |   CDSL Reg. No :  IN-DP-CDSL-438-2008                                                                                                                           SEBI Scores
Copyright © 2016 All rights reserved Comfort Securities Ltd.
Designed, Developed and content powered by C - MOTS Infotech(ISO 9001:2015 certified)
Attention Investors ::
"No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investors account.   |    Kyc is one time exercise while dealing in securities markets:- Once KYC is done through a SEBI Registered Intermediary(Broker DP Mutual Fund etc.) you need not undergo the same process again when you approach another Intermediary.” “ Prevent Unauthorized Transaction in your Trading/Demat account. Update your Mobile Numbers/Email IDs with your Stock Broker/Depository Participant. Receive alerts/information of your transaction/all debit and other important transactions in your Trading/Demat account Directly from Exchange/CDSL at the end of the day. Issued in the Interest of Investors.