DHFL Surges After Independent CA Firm's Report On Cobrapost Allegations

Shares of the Mumbai-based mortgage lender-Dewan Housing Finance Corporation Ltd. surged as much as 20 per cent to Rs 160.80 on the BSE after an independent chartered accountant firm T. P. Ostwal & Associates LLP gave clean chit to DHFL promoters on the allegations made by Cobrapost. DHFL said in an exchange filing after market hours yesterday. On the National Stock Exchange, DHFL share price jumped 21.20 per cent to Rs 162.30. Cobra...