 "DHFL")
Shares of Dewan Housing Finance Corporation (DHFL) have tanked 29 per cent at Rs 49, hitting 10-year low on the BSE on Monday in intra-day trade, after the company reported a standalone net loss of Rs 2,223 crore for the quarter ending March 2019 (Q4F19), owing to higher provisioning. The non-banking finance company had posted net profit of Rs 134 crore in the same quarter last fiscal.
The stock was trading at its lowest level since May 20, 2009 on the BSE. At 11:04 am, the stock was trading 26 per cent lower at Rs 51, as compared to unchanged
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