PNB HOUSING FINANCE LTD Q1 RESULTS
73% IPOs trading above issue price as primary market shines in H1, four turn multibaggers
The fundraising of Rs 26,272 crore, however fell short of the previous two years likely due to the absence of mega issues. Investors' reception also remained positive with only one failed IPO.
Hot Stocks: 3 stocks that may give returns between 16-33%
Shivalik Bimetal Controls, Ethos, and PNB Housing Finance show promise with strategic initiatives for growth and margin sustenance despite challenges. Analysts recommend these stocks with potential upsides ranging from 16% to 33%.
Quant Mutual Fund added 27 stocks to its portfolio in May. Do you own any?
Quant Mutual Fund is under Sebi inquiry for suspected front-running, leading to search and seizure operations in Mumbai and Hyderabad.
PNB Housing Finance shares tumble nearly 5% after large block deal
Shares of state-owned PNB Housing Finance dropped 4.8% to Rs 800 in early Thursday trading on the BSE, after a block deal where 1.36 crore shares changed hands. Asia Opportunities Fund and General Atlantic likely sold a 5.2% stake at a floor price of Rs 773, an 8% discount from the previous close of Rs 840.
Sensex, Nifty off to a muted start tracking Asian peers
The BSE Sensex was trading 64 points, or 0.08%, higher at 77,454. The Nifty50 was up 4 points, or 0.02%, trading at 23,520 around 9:27 am.
General Atlantic, Asia Opportunities V to sell 4% stake worth Rs 830 crore in PNB Housing Finance
US-based General Atlantic and Asia Opportunities V (Mauritius) plan to sell Rs 830 crore worth of shares in PNB Housing Finance through open market transactions.
- Go To Page 1
GAIL, PNB, IREDA among PSU stocks that mutual funds exited before election results
Mutual funds sold shares in several PSU stocks in May ahead of the June 4 outcome with GAIL (India), Punjab National Bank (PNB), Power Finance Corporation (PFC), NHPC and Indian Renewable Energy Development Agency (IREDA) witnessing complete exit by individual mutual funds.
Rahul Shah's two top stock picks from HFC space
If I look at it, last quarter numbers were bad for most of the IT companies and I would still wait and there is a lot of other opportunities in the markets versus IT companies. So, I would still wait. Just because the valuations are compelling, one should not get in. But there are other serious pockets where the money will be made versus the IT pack.
PSU banks still remain top bet in financial space: Rahul Shah
I think the mood is very positive. Obviously, as you rightly said, a lot of people missed out last Tuesday when we saw the sell-off in the markets and obviously, so I think luckily most of them are still holding on to their positions and not sold it and they are just riding it.
Nifty Bank climbs Mt 51K for first time; what should traders do?
The Nifty Bank broke key resistance levels ahead of the Lok Sabha election results, with experts advising caution for a buy-on-dips strategy.
Indian rupee, bonds expected to rally after exit polls signal Modi victory
The Indian rupee and government bonds are likely to strengthen following exit polls favoring Prime Minister Narendra Modi's National Democratic Alliance, potentially boosting market sentiment.
Aadhar Housing Finance Q4 Results: Net profit jumps 43% YoY to Rs 202 crore
Its total income for the quarter stood at Rs 673 crore, 25% higher than what it was for the same period last year. Aadhar, a leading lender to the economically weaker section, saw its assets under management grow 23% year-on-year to Rs 21121 crore at the end of March. Its average loan size is Rs 10 lakh.
PNB Housing Finance shares drop over 8% after 2.7% equity change hands
PNB Housing Finance shares experienced a significant decline of over 8%, reaching the day's low at Rs 724 in Wednesday's trading on the BSE. This drop followed a sizable block deal where 2.7% of the equity changed hands.
Stocks in news: RIL, Hindalco, PNB Housing, Grasim, Tata Steel
State-run Indian Railway Catering and Tourism Corporation (IRCTC) reported a consolidated profit after tax (PAT) of Rs 284 crore, which was up 2% year-on-year.
PNB Housing Finance likely to see stake sale worth Rs 500 crore via block deal: Report
PNB Housing Finance could see a block deal worth Rs 500 crore with undisclosed sellers. The floor price is set at Rs 717 per share, a 9% discount from the current market price. Investment Opportunities V previously sold its stake. The company reported a 26% rise in net profit in Q3 FY 2023-24.
Indiabulls Housing Finance Q4 Results: Profit rises 23% YoY to Rs 320 crore
The mortgage lender's operating profit jumped 34% to Rs 722 crore, driven by a 31% increase in net interest income to Rs 964 crore. The company's board proposed a final dividend of Rs 2 per share, representing a 100% payout on the Rs 2 face value for FY 2023-24.
Hudco Q4 Results:Net profit rises 9% YoY to Rs 700 crore
The company's total income for the quarter was 18% higher at Rs 2,194 crore against Rs 1,862 crore. Its board recommended a final dividend of Rs 2.65 per equity share on the face value of Rs10 each for the financial year 2023-24.
FD interest rate up to 8.6%: 10 corporate fixed deposits with the highest interest rates
A corporate fixed deposit, or corporate FD, is a term deposit with fixed interest rates kept for a predetermined amount of time majorly issued by Non-Banking Financial Corporations (NBFCs) & Housing Finance Companies (HFCs). Here is list of company fixed deposit interest rates.
PNB Housing Finance expects 17% loan growth in FY25 aided by increase in branch network
The housing finance company opened 100 branches last year, which will help in expanding business including in affordable segment.
LIC Housing Finance Q4 Results: Net profit falls over 7% YoY to Rs 1,091 crore
The net profit in the year-ago period was Rs 1,180 crore. The company's board recommended a 450% dividend for FY24. In other words, shareholders would get Rs 9 per equity share of Rs 2 each, subject to their approval.
Repco Home Finance Q4 Results: Profit jumps 32% YoY to Rs 82 crore
Total income for the quarter stood at Rs 397 crore against Rs 344 crore while net interest income was 11% higher at Rs 172 crore against Rs 155 crore.
Aditya Birla Capital Q4 Results: Net profit doubles to Rs 1,245 crore
Aditya Birla Capital on Monday reported a two-fold rise in profit to Rs 1,245 crore on a consolidated basis for the fourth quarter ended March 2024. The company posted a net profit of Rs 609 crore in the same period a year ago.
PNB Q4 results: Net profit surges 160% YoY to Rs 3,010 crore; NII rises 9%
Public sector lender Punjab National Bank (PNB) on Thursday reported a 160% year-on-year (YoY) surge in Q4 net profit at Rs 3,010 crore, while the net interest income (NII) rose to Rs 10,363 crore in the quarter, rising 9% YoY.
PNB Q4 Results: Profit jumps nearly three-fold to Rs 3,010 crore
PNB Q4 Results: Interest income grew to Rs 28,113 crore during the period under review, from Rs 23,849 crore in the corresponding quarter a year ago.
India Shelter Finance Corporation Q4 Results: Net profit soars 47% YoY to Rs 78 crore
The mortgage lender, which got its shares listed on December 20 last year, said its assets under management rose to Rs 6084 crore at the end of March. The company, which is active in the affordable housing space, operates out of 223 branches in 15 states.
Aptus Value Housing Finance Q4 Results: Net profit jumps 21% YoY to Rs 164 crore
The lender's assets under management expanded 29% year-on-year to Rs 8722 crore, while gross non-performing assets ratio improved a bit to 1.07% at the end of March from 1.15% a year back.
Shriram Housing Finance Q4 Results: Net profit surges 67% YoY to Rs 62 crore
The lender’s assets under management grew 71% year-on-year to Rs 13,762 crore at the end of March while asset quality deteriorated marginally with gross non-performing assets ratio rising 10 basis points to 1.03%.
PNB Housing Finance Q4 Results: Profit zooms 57% to Rs 439 crore on steady demand for home loans
Its loan assets grew by 10% year-on-year to Rs 65,358 crore at the end of March, while retail loans grew by 14% to Rs 63,306 crore. PNB Housing Finance's corporate loan book shrank 46% in FY24 to Rs 2,052 crore as it had tried to de-risk the portfolio.
Load More
