PNB Housing Finance Ltd News

PNB Housing Finance Q3FY25 results: Net profit rises 43% to Rs 483 cr

PNB Housing Finance on Tuesday reported a 43 per cent jump in net profit to Rs 483 crore for the December quarter. The non-banking finance company, promoted by Punjab National Bank, had earned Rs 338 crore in the same quarter a year ago. Total income during the third quarter of the current fiscal year grew to Rs 1,943 crore from Rs 1,756 crore in the year-ago period, PNB Housing Finance said in a regulatory filing. During the quarter, interest income improved to Rs 1,848 crore as compared to Rs 1,680 crore in the same period a year ago. Total expenses increased marginally to Rs 1,327 crore as against Rs 1,316 crore a year earlier. Gross non-performing assets declined to 1.19 per cent as of December 31, 2024, compared to 1.73 per cent at the end of the third quarter of the previous fiscal year. The mortgage firm has recovered Rs 53 crore from retail written-off pool in the quarter under review, it said. The capital adequacy ratio declined to 28.8 per cent from 29.53 per cent at t

Q3 results today: Tata Tech, IndiaMART among 32 to post earnings on Jan 21

Q3 FY25 company results, January 21: Tata Technologies, IndiaMART, South Indian Bank, UCO Bank, Dalmia Bharat will be releasing their earnings report for the Oct-Dec quarter today

PNB Housing Finance to start LAP vertical from April 2025: MD & CEO

LAP will be a part of the retail business, which includes the prime, affordable, and the emerging housing segments

Morgan Stanley, 2 others pick 6.8% stake in PNB Housing Fin for Rs 1,664 cr

Morgan Stanley, Societe Generale and another entity on Wednesday picked up a total of 1.77 crore, or 6.82 per cent stake, of PNB Housing Finance through open market transactions worth Rs 1,664 crore. According to bulk deal data available on the National Stock Exchange (NSE), Morgan Stanley through its arm Morgan Stanley Asia Singapore purchased over 1.42 crore shares or a 5.4 per cent stake in PNB Housing in two transactions. Ghisallo Master Fund bought 17.90 lakh shares of PNB Housing while Societe Generale acquired 17.09 lakh shares of the firm, as per the data. The shares were bought at an average price of Rs 939.30 apiece, taking the combined transaction value to Rs 1,664.55 crore. Meanwhile, global investment firm Carlyle Group through its affiliate Quality Investment Holdings PCC offloaded 2.45 crore shares or 9.43 per cent stake in PNB Housing Finance for Rs 2,301.58 crore through open market transactions. The shares were sold at an average price of Rs 939.42 per piece. Af

PNB Housing Finance slips 7% after 10% equity change hands on NSE

Till 09:17 am on Wednesday; as many as 26.14 million equity shares representing 10 per cent of total equity of PNB Housing Finance changed hands on the NSE, the exchange data shows.

Delhivery, RBL Bank: Trading guide for stocks where MFs raised stake in Q2

Mutual Funds increased stake in 84 Nifty 500 stocks in the quarter ended September 2024; here's a technical outlook on select 5 stocks for the likely trend ahead.

PNB Housing Finance soars 11% after strong Q2 performance; details

Shares of PNB Housing Finance soared 10.90 per cent, at Rs 1,035 per share on the BSE in Friday's intraday trade

Q2 results today: ITC and Adani Wilmar among 114 firms to post earnings

Q2FY25 company results: Godrej Consumer Products, PNB Housing Finance, Adani Gas, Bikaji, IndusInd Bank, Vadilal, and more to report second quarter earnings on October 24

Bikaji, Raymond, SPARC among 5 smallcap stocks that can gain up to 18%

These 5 smallcap stocks have given a breakout on the hourly time-frame hence are expected to trade with a positive bias in the near-term, suggests the technical charts.