Monday 15 July 2019

Dewan Housing Finance Corporation Shares Were Locked At 10 Percent Lower

Dewan Housing Finance Corporation shares were locked at 10 percent lower circuit at Rs 61.65 after posting a loss for first time since inception and warning about its survival.

There were pending sell orders of 6,49,477 shares, with no buyers available on the BSE. The stock had lost nearly 90 percent of its value in the last one year.

Software services provider Infosys' June quarter profit fell 6.8 percent sequentially but raised its full-year constant currency revenue guidance to 8.5-10 percent on strong start to FY20.

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