Domestic low-cost mortgage lender DHFLNSE 2.71 % has entered the twilight zone from where its fortunes may turn either way depending on the intent of the company management, content of its books and the view that its lenders take on the nearly Rs 1 lakh crore outstanding loans that are under stress.
Stock investors are watching the company closely, as the beaten-down stock may throw up an amazing opportunity should it find an easier way for revival.
DHFL shares are down 88 per cent in last one year and 89 per cent since September when the IL&FS debt default triggered the debt crisis in NBFC space.
The stock traded 1.21 per cent higher at Rs 70.90 on BSE around 11.40 am.
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