PNB Housing Finance shares are trading well on Monday's
turnover. During the business, the company's share rose by 14 per cent to
Rs 1,244 per share. In fact, news has come for HDFC and Kotak Mahindra
Bank in the race to get a controlling stake in PNB housing finance. After
which the stock got bullish. At present, the stock is up 12 per cent and
is priced at Rs 1199.
According to media reports, both HDFC
and Kotak Mahindra Bank want to get big coverage in such mortgage market, which
is considered to be extremely safe in the lending business. In this case
both are in the race to take a controlling stake in PNB Housing Finance.
It is also being reported that HDFC and Kotak Mahindra Bank
had last week met with the management of PNB Housing Finance. There was
talk of buying 33 per cent stake in PE fund Carlisle and 33 per cent from
PNB. Explain that Promoters PNB and Carlyle have about 66 per cent stake
in PNB Housing Finance.
The stock of such a
stock
was closed on Friday at a price of Rs 1071 on PNB Housing Finance shares. At the same time, on Monday, the company's shares opened at a price of Rs 1114. During the business, the stock rose by up to 14 per cent and the shares reached a price of Rs 1,244. In today's business, the stock is trading at Rs 1105. Talking till Friday, the stock fell 14 percent in the last one month and 28 percent in one year.
was closed on Friday at a price of Rs 1071 on PNB Housing Finance shares. At the same time, on Monday, the company's shares opened at a price of Rs 1114. During the business, the stock rose by up to 14 per cent and the shares reached a price of Rs 1,244. In today's business, the stock is trading at Rs 1105. Talking till Friday, the stock fell 14 percent in the last one month and 28 percent in one year.
Learn about the
company
PNB Housing is a Leading Home Loan Company of Finance India, which gives a loan on a fixed and flexible rate of interest. PNB Housing Finance is a company promoted by PNB. The company also has a license for public deposits. The company's Presence is in the whole country including cities such as Delhi, Mumbai, Chandigarh, Chennai, Bangalore, Lucknow, Indore. It has 84 branches and 36 outreach offices across the country.
PNB Housing is a Leading Home Loan Company of Finance India, which gives a loan on a fixed and flexible rate of interest. PNB Housing Finance is a company promoted by PNB. The company also has a license for public deposits. The company's Presence is in the whole country including cities such as Delhi, Mumbai, Chandigarh, Chennai, Bangalore, Lucknow, Indore. It has 84 branches and 36 outreach offices across the country.
The company is in profits and in the fourth quarter, the
company's profits rose 44 percent to Rs 219 crore. The company also
announced dividend of 10 rupees per share.
The content of this blog has taken from here:- https://money.bhaskar.com/news/MON-MARK-STMF-MRKT-infog-pnb-housing-finance-stocks-rose-up-to-14-per-cent-5902662-NOR.html?ref=ht
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