PNB Housing Finance surges on raising Rs 300 crore through NCDs
![PNB Housing Finance surges on raising Rs 300 crore through NCDs](https://portfolio.investmentguruindia.com/uploads/news/PNB Housing Finance 1.jpg)
PNB Housing Finance is currently trading at Rs. 905.50, up by 5.30 points or 0.59% from its previous closing of Rs. 900.20 on the BSE.
The scrip opened at Rs. 900.90 and has touched a high and low of Rs. 916.00 and Rs. 898.00 respectively. So far 10130 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1201.45 on 13-Sep-2024 and a 52 week low of Rs. 600.40 on 14-Mar-2024.
Last one week high and low of the scrip stood at Rs. 922.00 and Rs. 855.50 respectively. The current market cap of the company is Rs. 23529.88 crore.
The promoters holding in the company stood at 28.11%, while Institutions and Non-Institutions held 51.20% and 20.69% respectively.
PNB Housing Finance has raised Rs 300 crore through the allotment of 30,000 Listed, Secured, Rated, Taxable, Redeemable Non-Convertible Debentures (NCDs) of the face value of Rs 1,00,000 each, through private placement. The Internal Committee for allotment of NCDs, as authorized by the Board of Directors of the Company, has on February 06, 2025, approved allotment of the same.
PNB Housing Finance is a registered housing finance company with National Housing Bank (NHB). They provide housing loans to individuals
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