DHFL share hits upper circuit after lenders approve Piramal s takeover bid
Dewan Housing Finance Corp share rose 4.96% to Rs 27.50 against previous close of Rs 26.20 on BSE
BusinessToday.In | January 18, 2021 | Updated 13:38 IST
DHFL stock opened with a gain of 4.96% today. There were only buyers and no sellers for the stock today.
2qShare of Dewan Housing Finance Corp rose 5% today after the company s creditors voted in favour of a Rs 37,250 crore ($5.09 billion) takeover bid submitted by the Piramal Group for the troubled lender. Dewan Housing Finance Corp share rose 4.96% to Rs 27.50 against previous close of Rs 26.20 on BSE.
The micro cap stock has gained 7.21% in the last 3 days. The stock opened with a gain of 4.96% today. There were only buyers and no sellers for the stock today. The share trades higher than 5 day, 50 day, 100 day and 200 day moving averages but lower than 20 day moving averages.