PNB Housing Finance declines on reporting 19% fall in Q3 consolidated net profit
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PNB Housing Finance is currently trading at Rs. 463.00, down by 24.35 points or 5.00% from its previous closing of Rs. 487.35 on the BSE.
The scrip opened at Rs. 473.00 and has touched a high and low of Rs. 486.50 and Rs. 463.00 respectively. So far 78828 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 924.00 on 08-Jun-2021 and a 52 week low of Rs. 325.25 on 28-Jan-2021.
Last one week high and low of the scrip stood at Rs. 534.15 and Rs. 463.00 respectively. The current market cap of the company is Rs. 7805.53 crore.
The promoters holding in the company stood at 32.58%, while Institutions and Non-Institutions held 29.06% and 38.37% respectively.
PNB Housing Finance has reported a fall of 17.73% in its net profit at Rs 183.69 crore for the quarter ended December 31, 2021 as compared to Rs 223.27 crore for the same quarter in the previous year. Total income of the company decreased by 21.19% at Rs 1,482.46 crore for Q3FY22 as compared Rs 1,881.06 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a fall of 18.91% in its net profit at Rs 188.45 crore for the quarter ended December 31, 2021 as compared to Rs 232.40 crore for the same quarter in the previous year. Total income of the company decreased by 21.13% at Rs 1,495.61 crore for Q3FY22 as compared Rs 1,896.35 crore for the corresponding quarter previous year.
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