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Dewan Housing Finance plans to raise funds via NCDs

Dewan Housing Finance plans to raise funds via NCDs

Dewan Housing Finance Corporation Ltd has announced that a meeting of the Board of Directors of the Company will be held on July 05, 2016, to consider fund raising.

Dewan Housing Finance Corporation Ltd has announced that a meeting of the Board of Directors of the Company will be held on July 05, 2016, to consider fund raising by way of public issue of secured Non-Convertible Debentures (NCDs).
 

Dewan Housing Finance Corporation Ltd ended at Rs. 203.6, up by Rs. 1.85 or 0.92% from its previous closing of Rs. 201.75 on the BSE.

The scrip opened at Rs. 204 and touched a high and low of Rs. 205 and Rs. 202.5 respectively. A total of 3299621(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 5941.01 crore.

The BSE group 'A' stock of face value Rs. 10 touched a 52 week high of Rs. 268 on 10-Aug-2015 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. 205 and Rs. 186.05 respectively.

The promoters holding in the company stood at 34.89 % while Institutions and Non-Institutions held 35.75 % and 29.36 % respectively.

The stock traded above its 200 DMA.

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