Globe Capital Market Limited dumps 2 million shares of DHFL

Globe Capital Market Limited which had 3357004 equity shares of Dewan Housing Finance Corporation Limited (DHFL) as of June 30, 2018 has sold 2057601 equity shares of the company during today's trading (September 21, 2018). There was a carnage in DHFL's stock today which took the stock price down by more than 60% intraday in BSE. The stock which closed at Rs. 610.60 on Wednesday (Sep 19, 2018) opened marginally higher at Rs. 615.60 in today's trading.

Around 10:30 AM, the stock slowly started drifting lower and hit the day's low of Rs. 246.25 around 1:10 PM. The stock recovered from these levels to hit Rs. 445.95 around 1:45 PM and finally closed the day lower by Rs. 259.05 or 42.43% at Rs. 351.55.

The total traded quantity in BSE was 1,37,79,136 equity shares and the deliverable quantity was 31,58,659 or 22.92%.



In NSE, there were lot of trades by intraday jobbers. Globe Capital Market Limited was the standout who sold 2057601 equity shares at an average price of Rs. 350.65 and bought 57601 equity shares during the day's trading resulting in net sale of 20 lakh shares (2 million).

The total traded quantity in NSE was 11,52,98,628 equity shares and the deliverable quantity was 2,10,96,233 equity shares (18.30%).

Shares of DEWAN HOUSING FINANCE CORPORATION LTD. was last trading in BSE at Rs.351.55 as compared to the previous close of Rs. 610.6. The total number of shares traded during the day was 13779136 in over 183669 trades.

The stock hit an intraday high of Rs. 615.6 and intraday low of 246.25. The net turnover during the day was Rs. 5074489786.

Source : Equity Bulls

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