DHFL shares rally 3% on Rs 1,775 crore CP repayment

INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Shares of housing finance company DHFL rallied over 3 per cent in early trade on Tuesday after the company said it has repaid
commercial papers (CP) worth Rs 1,775 crore. The scrip was trading 3.07 per cent up at Rs 229.35 at around 9.25 am (IST), while the BSE
Sensex was up 0.46 per cent at 35,110. According to the housing finance firm, since September 21, 2018 it has repaid commercial paper
outstanding as on November 30, 2018 will be 1 per cent of the total borrowing amounting to Rs 1,125 crore
DHFL has successfully conducted securitisation assignment of over Rs 6,600 crore since September 21, 2018."