PNB Housing Finance Shares Surge 9% After Q4 Earnings Beat Expectations
PNB Housing Finance shares witnessed a significant surge of 9.33% to reach a high of Rs 1,078.90 on the BSE, following the company's impressive Q4 earnings. According to MD & CEO Girish Kousgi, the housing finance company has surpassed its stated guidance for the year FY25 in terms of growth, asset quality, and profitability. This positive development has led to increased investor confidence, resulting in the stock's upward momentum. With the company's strong performance, it is likely to attract more investors looking for profitable investment opportunities in the housing finance sector. Key factors such as mortgage loans, home loans, and financial services have contributed to the company's success. As the housing market continues to grow, PNB Housing Finance is well-positioned to capitalize on this trend, making it an attractive option for investors looking for long-term growth.
