Rudra Investment Stock Tips Expert says, 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.
Talk to management also
According to the experts, 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 the 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.
Stock Tips Expert says The stock of PNB Housing Finance was closed on Friday at a price of Rs 1071. 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 the Leading Home Loan Company of Finance India, which offers loans on the 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.
Talk to management also
According to the experts, 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 the 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.
Stock Tips Expert says The stock of PNB Housing Finance was closed on Friday at a price of Rs 1071. 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 the Leading Home Loan Company of Finance India, which offers loans on the 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.
No comments:
Post a Comment