PNB Housing Finance has reported a 25% year-on-year jump in net profit for the fourth quarter at Rs 550 crore, backed by steady business growth and improvement in asset quality. Net profit for the entire financial year stood at Rs 1,936 crore against Rs 1,508 crore reflecting a 28% rise. The lender’s net interest margin…
In the five trading sessions preceding January 3, the Sensex rose by around 0.67%, or 524 points, finishing at 79,223, despite recording losses in three sessions. However, ETMarkets highlighted 12 stocks from the BSE 500 that showed consistent price increases during this period. (Data Source: ACE Equity) Source link
HDFC Standard Life Insurance Co on Tuesday bought shares of PNB Housing Finance worth Rs 90 crore through an open market transaction. According to the block deal data available on the BSE, HDFC Standard Life Insurance Company Ltd purchased a little over 10 lakh shares or 0.4 per cent stake in PNB Housing Finance. The…
Shares of PNB Housing Finance dropped over 8% to the day’s low at Rs 724 in Wednesday’s trade on BSE following a large block deal in which 2.7% equity changed hands. The specific buyers and sellers involved in the transaction remain undisclosed. However, media reports suggest that Asia Opportunities V Mauritius and General Atlantic Singapore…