DHFL is one of the stock which completely wiped out investor’s wealth in just matter of 18 months. Even Seasoned Investors like Rakesh Jhunjunwala could not escape from its beating.
Below is 2 Year chart of DHFL
Even if one doesn’t know any kind of analysis, it is clearly visible that DHFL is falling like hell from 700 odd levels now stock trade below 10. It clearly shows that there is something that hampered its business.
DHFL is a gone case now, any movement in stock is just a speculation activity and an investor should stay away from such stock.
Advise
It would be wise to book loss and take this as a lesson for your entire lifetime.
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