Research Reports published by STOXBOX - BP WEALTH

Name: Latest research reports of PNB Housing Finance Ltd. authored by Stoxbox - BP Wealth and published by - Trendlyne research reports.
Item: PNB Housing Finance Ltd.
Rating: 5
Author: Stoxbox - BP Wealth

Latest research reports published by StoxBox - BP Wealth

Market Movement

TREND | 29 May 2023

Weekly Wealth

Market Movement

StoxBox - BP Wealth

The index opened the week on an optimistic note and continued its upward momentum to end the week at multi-month highs. The strong up move has led the index to surpass 78.6% retracement levels and its previous swing high of 18450. Going ahead, till the index manages to sustain above 18450, the index is expected to continue to scale higher towards 18630-18750.

Axis Direct released a Daily Note report for Market Movement on 11 Mar, 2025.

PNB Housing Finance Ltd.

29 May 2023

861.60

1.13%

Diversified Source of Funds and Improved Asset Quality to Improve Profitability

Buy: PNB Housing Finance Ltd.

Stoxbox - BP Wealth

PNB HFL has a well-diversified funding profile comprising funding from banks, NHB, non-convertible debentures (NCDs) & bonds, deposits and external commercial borrowings (ECBs). The recent successful completion of the rights issue in May 2023 of Rs. 2,493.76 crores, with around 1.21 times subscription, will help the company to reduce its managed gearing further and support future growth while maintaining prudent capitalisation.

PNB Housing Finance Ltd.'s price crossed below 100Day SMA today

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