DHFL Says Lenders Will Not Have To Take A Haircut, Shares Plunge 30%

DHFL or Dewan Housing Finance Corp Ltd shares on Monday nosedived as much as 32 per cent in intraday trade on the BSE. DHFL's share price touched an intraday low of Rs 46.70. It had closed at Rs 68.45 on Friday. The fall came after the housing finance company on Saturday said that it may not survive. The company said it was "undergoing substantial financial stress" and its ability to raise funds was "substantially impaired and the bu...