DHFL falls 3% after Brickwork’s ratings downgrade

Shares of Dewan Housing Finance Corp. Ltd (DHFL) traded 41.58%. ioc shares gained 3.32% to Rs 158.50. Shares of Bajaj Hindusthan Sugar, Dalmia Bharat Sugar and Industries and Balrampur Chini Mills.

Cummins India falls 3% after Nomura downgrades, DHFL falls 7% on deferring Q4 earnings announcement (Updated On 28-06-2019 10:45:29). Eveready Industries slips 3% on rating downgrade by India Ratings.

2 days ago · Grant Thornton reviewed the role of five credit rating agencies — Fitch group’s India Ratings and Research, the Indian affiliate of Moody’s, ICRA, Standard & Poor’s local unit Crisil, CARE Ratings and Brickwork Ratings India — which assigned 429 ratings to various IL&FS financial instruments in recent years.

Drug maker lupin share price rebounded after falling as much as 2.5 percent in early trade on Thursday. Global brokerage house Credit Suisse has downgraded the stock to. Total income rose 3.6.

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Dewan Housing Finance Corporation Ltd or DHFL shares fell more than 18 per cent on Thursday, a day after credit ratings agencies ICRA and Crisil downgraded its commercial papers.

Disbursements of DHFL during the December 2018 quarter shrunk to just Rs510 crore, a fall by over 95%. This raises serious questions about how the business will grow. According to analysts, DHFL reported a slow-down in business ‘as per expectation’ after IL&FS and liquidity crisis. The focus of.

DHFL shares fall 3%. Mortgage lender Dewan Housing Finance Corporation Ltd (DHFL) fell as much as 3 percent after Brickwork Ratings downgraded its secured NCDs and subordinated debt on Thursday.

Read more about DHFL plunges 19% in two days after CRISILs credit rating downgrade on Business-standard. The downgrade is driven by continued low visibility in raising funds and CRISILs belief that liquidity levels will remain subdued vis-a-vis earlier expectations, the rating agency said

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DHFL tanks 16% after rating downgrade; what should investors do?. Stock could fall but a large part of the news is already priced in. The short term bailout is on the cards as stronger hands.

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EU counters China’s Silk Road Initiative  · China’s $900 billion New Silk Road. What you need to know.. According to the Belt and Road Action Plan released in 2015, the initiative will encompass land routes (the “Belt”) and maritime routes. a former EU diplomat in China, told the Financial Times.

Shares of Jindal Steel and Power (JSPL) dropped 4.8 percent intraday Thursday after rating agency ICRA downgraded non-convertible debentures, commercial paper, term loans, fund based & non-fund based.

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