Page 7 - Pnb Housing Finance

Carlyle seeks to double holding in PNB Housing, gain controlling stake

Carlyle is considering expanding its 32.4% holding after valuations for the housing finance company turned attractive

Carlyle group exits joint stake sale with PNB in PNB Housing Finance

A communication regarding this independent stake sale has been sent by PNB to the board of directors of PNBHFL

PNB Housing Finance obtains refinance sanction of Rs 35 billion from NHB

The company had also raised a total of Rs 42.25 billion through commercial papers (CP) last month

PNB Housing Finance gains for 10th straight day; surges 41% from 52-wk low

The stock was up 5% to Rs 978, rallied 41% from its 52-week low of Rs 694 touched on October 26, 2018, on the BSE.

Sadbhav Engineering, PNB Housing, Motherson Sumi, 8K Miles hit 52-week low

Eveready Ind, Eros International Media, VA Tech Wabag, Suzlon Energy, Shakti Pumps and Rolta India were 73 stocks from the S&P BSE 500 and S&P BSE Smallcap index hitting 52-week lows today.

PNB Housing: Margins will continue to be under pressure even in medium term

PNB Housing's managing director Sanjaya Gupta believes that new business will give it better yields and limit the pressure on spreads

Punjab National Bank appoints i-bankers for stake sale in housing arm

CEO Mehta said the bank will go to the market to offload the stake in the housing finance subsidiary at the right time

PNB Housing rises 6% as PNB, Carlyle Group plan to offload 51% stake

The stock was up by 6% at Rs 1,269 on Wednesday in intra-day trade, extending its 2% gain in the previous day on the BSE.

PNB Housing Finance hits 52-week low of Rs 1,051

The stock hit 52-week low of Rs 1,051, falling 26% since May 2, as compared to 1% rise in the S&P BSE Sensex.

PNB Housing Finance falls 7% after huge block deals

The stock dipped 7% to Rs 1,271 on the BSE in intra-day trade after a more than 14 million shares of housing finance company changed hands through multiple block deals.

PNB Housing Finance net profit rises 36% to Rs 2.2 billion

PNB Housing's net profit increased 58 per cent to Rs 8.3 billion at the end of 2017-18 from Rs 5.23 billion at the end of 2016-17

PNB Housing Finance plans to raise $400 million via masala bonds

Although PNB has sizeable stake in PNB Housing, sources said, both operate as separate entities

PNB Housing Finance to raise $400 million through issue of masala bonds

The money will be utilised to finance retail buyers/developers of affordable housing as well as developers of green buildings

PNB Housing Finance surges 6% on strong Q1 net profit

The stock surged 6% to Rs 1,533 after reported 93% growth in profit at Rs 185 crore in Q1FY17.

Are PNB HF's premium valuations sustainable?

Continued market share gains, healthy asset quality to support valuations

PNB Housing hits new high; stock zooms 100% against IPO price

The stock hit high of Rs 1,559, more than doubled against its issue price of Rs 775 per share.

PNB Housing Finance extends rally on FII buying

The stock rallied 11% to Rs 987 in intra-day trade, extending its Monday's 15% rally on the NSE.

PNB Housing Finance closes at 15% premium to issue price

Shares touched a high of Rs 904 and a low of Rs 860 on the National Stock Exchange

PNB Housing Finance lists at 11% premium to issue price

The stock hit an intra-day high of Rs 903, after listing at Rs 863, an 11% premium over its issue price of Rs 775 per share.

PNB Housing Finance to make stock market debut on Monday

PNB Housing Finance, which recently closed its initial public offer (IPO), will make its stock market debut on Monday.