PNB Housing Finance Ltd.

NSE: PNBHOUSING | BSE: 540173 | ISIN: INE572E01012 |Industry: Housing Finance
|Turnaround Potential
351.00 -1.40 (-0.40%)
NSE Oct 28, 2020 15:31 PM
Volume: 173.7K

PNB Housing Finance Ltd.    
10 Apr 2019
Arihant Capital
The slowdown in real estate market is peaking now and there is enough demand seen in retail segment. Though, liquidity scenario has improved compared to Q3FY19, sector continues to see challenges due to higher funding costs resulting into pressure on margin (as compared to last year). In light of liquidity issue and lower demand in reality sector, PNBHFL finds itself in a sweet spot. Company has maintained Rs. 6000 cr liquidity in form of cash and investments as on 9MFY19 and expects to close year FY19 with enough liquidity. PNBHFL has well diversified borrowings profile. It borrows 17%, 30% & 17% from...
1 Comment
21 Apr 2019  Like
PNB Housing Finance Ltd. has gained 73.55% in the last 6 Months
More from PNB Housing Finance Ltd.