Shares of DewanHousing Finance or DHFL hit an intraday low level at Rs68.60per share down about 9% during mid-session after the company failed to pay on unsecured Commercial Papers (CPs) worth Rs225crore matured on Tuesday.

The mortgage lender defaulted full repayment of CPs that were due on 25-June. The company reportedly said it had been able to make only a 40pc payment on unsecured CPs due on Tuesday, but promised to pay the outstanding Rs225-crore in the coming days.

During Mid-noon session, the DHFL stock was trading at Rs73.70per share, down by 2.32pc from its previous closing of Rs75.45per share on the NSE. The Stock hit an intraday high and low of Rs.75.30 and 68.60per share on the NSE.

Meantime, the Sensex traded at 39524-level higher by 89 points and the Nifty scaled at 11822.35 up 26points at 12:00 hours.