LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2021
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Read in App
Business News » Companies News

BNP Paribas Arbitrage buys DHFL shares worth Rs 145 crore

On Thrusday, BNP Paribas Arbitrage Fund bought shares of DHFL worth over Rs 145 crore through open market transactions.

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
BNP Paribas Arbitrage buys DHFL shares worth Rs 145 crore
On Wednesday, BNP Paribas Arbitrage had purchased shares of Dewan Housing Finance Corporation Ltd (DHFL) of Rs 153 crore. Image Source: Reuters
Written By: PTI
Updated: Fri, Sep 28, 2018
11:08 am
New Delhi, PTI
RELATED NEWS
BNP Paribas Cardif to sell 2.5 pc stake in SBI Life for Rs 1,625 cr BNP Paribas Cardif to sell 2.5 pc stake in SBI Life for Rs 1,625 cr
RBI to go for another 0.25% rate hike in August: BNP Paribas RBI to go for another 0.25% rate hike in August: BNP Paribas
China's Sinopec looking to sell Nigeria business: Sources China's Sinopec looking to sell Nigeria business: Sources
Big blow to Vijay Mallya, Karnataka High Court orders winding up of United Breweries Holdings Big blow to Vijay Mallya, Karnataka High Court orders winding up of United Breweries Holdings
SBI Life Insurance IPO to come in 18-24 months SBI Life Insurance IPO to come in 18-24 months

BNP Paribas Arbitrage Fund Thursday bought shares of DHFL worth over Rs 145 crore through open market transactions. On Wednesday, BNP Paribas Arbitrage had purchased shares of Dewan Housing Finance Corporation Ltd (DHFL) of Rs 153 crore.

According to bulk deal data available with NSE, BNP Paribas Arbitrage bought 49,00,000 shares of the housing finance firm at Rs 296.28 apiece for a total amount of Rs 145.17 crore. Shares of DHFL lost 3.91 per cent to settle at Rs 293.5.  

Last Friday, the scrip of Dewan Housing Finance Corporation went into a tailspin on fears of a liquidity crisis, nosediving 42.43 per cent to end at Rs 351.55 on the BSE. Intra-day, it cracked 59.67 per cent to Rs 246.25 -- its 52-week low.

Shares of DHFL had bounced back sharply on Monday and ended nearly 12 per cent higher. On Monday, DHFL had asserted that it has not defaulted on any financial obligations and there has been no instance of delay in repayment of any liability.

"DHFL reiterated that the company has neither defaulted on any bonds or repayment of its financial obligations, nor has there been any instance of delay on any repayment of any liability," a company statement said Monday.

Watch This Zee Business Video Here:

DHFL slumped 23.5 per cent Tuesday as fears of liquidity crisis continued to haunt sentiments. On Wednesday, DHFL gained 1.32 per cent to close at Rs 303.4 apiece. 
 

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
BNP ParibasDewan Housing Finance Corporation
RELATED NEWS
BNP Paribas Cardif to sell 2.5 pc stake in SBI Life for Rs 1,625 cr BNP Paribas Cardif to sell 2.5 pc stake in SBI Life for Rs 1,625 cr
RBI to go for another 0.25% rate hike in August: BNP Paribas RBI to go for another 0.25% rate hike in August: BNP Paribas
China's Sinopec looking to sell Nigeria business: Sources China's Sinopec looking to sell Nigeria business: Sources
Big blow to Vijay Mallya, Karnataka High Court orders winding up of United Breweries Holdings Big blow to Vijay Mallya, Karnataka High Court orders winding up of United Breweries Holdings
SBI Life Insurance IPO to come in 18-24 months SBI Life Insurance IPO to come in 18-24 months

LATEST NEWS

Oppo F19 Pro+ 5G, Oppo F19 Pro and Band Style launched in India: Check Price, Features and Offers on HDFC, ICICI Bank and more

Yes Bank and SBI share price: Check what just happened to targets of these lenders

JEE Main Result 2021 toppers list: 100 Percentile bagged by 6 candidates says NTA | Download scorecard from jeemain.nta.nic.in, nta.ac.in - Meet Saket Jha, Pravar Kataria, Ranjim Prabal Das, Guramrit Singh, Siddhant Mukherjee, Ananth Krishna Kadambi

JEE Main Result 2021 February declared; dowload scorecard from official website jeemain.nta.nic.in- Direct link here

Indian Railways integrates Rail Madad Helpline number 139 for all type of queries, complaints /assistance during travel

Hyper localisation, high personalisation to drive customer engagement in digital era: Airtel Report

Happy International Women's Day: Check best WhatsApp wishes, quotes, messages fo your loved ones

CPC News: Confirmed! Big pay commission salary hike from July 1 for these government employees

PUBG Mobile 1.3 global update: APK download link, check expected release date and more!

Asus ROG Phone 5 set to launch in India on March 10: Here's all you need to know

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved