Trending stocks: DHFL stock falls 1%

NEW DELHI: Shares of Dewan Housing Finance Corporation traded 0.96 per cent down in Monday's trade at 10:29 am. Around 13,67,469 shares changed hands on the counter. The stock opened at Rs 10.8 and touched an intraday high and low of Rs 10.9 and Rs 9.9, respectively, in the session so far.

The legal firm representing DHFL's promoters Kapil and Dheeraj Wadhawan on Sunday denied reports that they were not cooperating with the ED and CBI for investigation.

The stock quoted a 52-week high of Rs 333.7 and a 52-week low of Rs 8.45.


Financials
Dewan Housing Finance Corporation, incorporated in the year 1984, is a Small Cap company (having a market cap of Rs 328.26 crore) operating in NBFC sector.

The company reported net profit after tax of Rs 934.31 crore for the quarter ended 31 December, 2019. For the same quarter, the company has reported Consolidated sales of Rs 2412.80 crore, up 15.29 per cent from last quarter Sales of Rs 2092.77 crore and down 26.97 per cent from last year same quarter Sales of Rs 3303.83 crore.

Dewan Housing Finance Corporation key products/revenue segments include interest which contributed Rs 10448.79 crore to sales value (81.09 per cent of total sales), interest on housing loans which contributed Rs 1859.05 crore to sales value (14.42 per cent of total sales), fees & commission income which contributed Rs 275.47 crore to sales value (2.13 per cent of total sales), income from sale of share & securities which contributed Rs 205.83 crore to sales value (1.59 per cent of total sales), other operating revenue which contributed Rs 82.39 crore to sales value (0.63 per cent of total sales) and dividend which contributed Rs 12.35 crore to sales value (0.09 per cent of total sales)for the year ending 31-mar-2019.

Promoter holding
Promoters held 39.209904 per cent stake in the company as of quarter ended 31st Dec 2019.

Valuation ratio
It quoted a price-to-earnings ratio of -0.04 and price to book value of 0.04.