PNB Housing Finance is currently trading at Rs. 343.65, up by 8.80 points or 2.63% from its previous closing of Rs. 334.85 on the BSE.
The scrip opened at Rs. 335.00 and has touched a high and low of Rs. 347.20 and Rs. 335.00 respectively. So far 3944 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 464.25 on 06-Feb-2020 and a 52 week low of Rs. 146.00 on 26-Mar-2020.
Last one week high and low of the scrip stood at Rs. 372.70 and Rs. 325.25 respectively. The current market cap of the company is Rs. 5779.93 crore.
The promoters holding in the company stood at 32.65%, while Institutions and Non-Institutions held 28.01% and 39.34% respectively.
PNB Housing Finance is looking at forging tie-ups with some banks for co-lending in the housing loan sector and is hopeful that these partnerships will be win-win for consumers, banks and NBFCs.
In November 2020, the RBI had allowed the co-lending scheme for banks under which they can co-lend with the non-banking finance companies (NBFCs), including the housing finance companies (HFCs), based on a prior agreement.
PNB Housing Finance is a registered housing finance company with National Housing Bank (NHB). They provide housing loans to individuals and corporate bodies for construction, purchase, repair and up-gradation of houses.
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