Dewan Housing Finance Corporation announced that the 36th Annual General Meeting (AGM) of the company will be held on 30 September 2020.

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Net profit of Dewan Housing Finance Corporation reported to Rs 70.10 crore in the quarter ended June 2020 as against net loss of Rs 242.48 crore during the previous quarter ended June 2019. Sales declined 2.67% to Rs 2316.04 crore in the quarter ended June 2020 as against Rs 2379.61 crore during the previous quarter ended June 2019.

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Dewan Housing Finance Corporation will hold a meeting of the Board of Directors of the Company on 22 August 2020.

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Dewan Housing Finance Corporation Ltd gained 4.9% today to trade at Rs 15. The S&P BSE Finance index is up 1.47% to quote at 5184.79. The index is up 5.29 % over last one month. Among the other constituents of the index, SREI Infrastructure Finance Ltd increased 4.89% and Edelweiss Financial Services Ltd added 4.67% on the day. The S&P BSE Finance index went down 19.75 % over last one year compared to the 2.6% fall in benchmark SENSEX.

Dewan Housing Finance Corporation Ltd has lost 4.58% over last one month compared to 5.29% gain in S&P BSE Finance index and 7.52% rise in the SENSEX. On the BSE, 49261 shares were traded in the counter so far compared with average daily volumes of 3.63 lakh shares in the past one month. The stock hit a record high of Rs 63.25 on 24 Jul 2019. The stock hit a 52-week low of Rs 8.4 on 01 Apr 2020.

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