The Dewan Housing Finance Corporation (DHFCL) counter rose by 12.16 per cent to close at Rs 33.20. More than 37,849 shares were traded on the BSE.
The counter has witnessed a sharp increase in trading on the back of certain positive developments such as the completion of the acquisition of the housing finance division of ING Vysya Bank, and the grant of Rs 60 crore as rupee term loan by International Finance Corporation has boosted the DHFCL counter, according to market sources.
DHFCL has registered 107.25 per cent growth in sanctions in FY03 to Rs 447.36 crore as against Rs 215.84 crore during the previous year.
Disbursements during the year ended March 31 amounted to Rs 418.68 crore as against Rs 203.04 crore during the previous year, showing an increase of 106.20 per cent.
