The stock rose 4.97 percent to 10.34 rupees per share on the BSE. On the NSE, the stock rose 4.59 percent to 10.25 rupees per unit.
File photo of the DHFL logo (Image: Reuters).
New Delhi: Dewan Housing Finance Corporation Ltd shares rose 5 percent on Tuesday to hit the upper price range after more than two dozen companies made offers to acquire the debt-laden company. The stock rose 4.97 percent to 10.34 rupees per share on the BSE. On the NSE, the stock rose 4.59 percent to 10.25 rupees per unit. His shares reached the upper price range on both exchanges.
The Adani Group, KKR, Bain Capital, Kotak Mahindra Bank and Piramal Enterprises are among the more than two dozen companies that, according to two sources, have submitted offers for the crippled DHFL, the first financial service provider to go bankrupt.
The sources informed PTI that at least 14 of the interested companies are interested in taking over the entire business of the mortgage lender.
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