PNB Housing Finance shares fall 2% amid block deal; Carlyle likely seller
Carlyle through its entity, Quality Investment Holdings, plans to sell 6.4% stake in PNB Housing Finance at a floor price of ₹775 apiece
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PNB Housing Finance shares rally 14% on rating upgrades; Morgan Stanley pegs 54% upside
Last week, ICRA and CARE upgraded PNB Housing Finance's long-term ratings, citing its improved asset quality metrics as well as strengthened capitalisation profile.
SJVN Delivers Power-Packed Performance
Company reports exceptionally high plant load factor to become the most profitable public sector undertaking.
PNB, NMDC, Union Bank, BHEL, GMR Airport enter MSCI indices; here’s how stocks reacted
PNB and Union Bank will be added to the MSCI Global Standard Indexes, while NMDC, GMR Airport, BHEL, PNB, and Union Bank will enter India standard indices
Why are PNB shares rising for 4 sessions?
The PSU lender has risen over 12% in the last four sessions, touching its fresh 52-week high of ₹110.95 in intraday trade today.
PNB shares hit 52-week high; becomes third PSU bank to achieve ₹1 lakh cr mcap
The market cap of PNB crossed ₹1.01 lakh crore today after the shares of the PSU lender rose 2.1% to hit a fresh 52-week high of ₹91.81 intraday.
PNB shares jump 4% on record Q2 profit; surge 43% in 6 months
Punjab National Bank’s Q2 net profit zoomed 327% YoY to ₹1,756 crore, which was the highest in the last 14 quarters.
REC, Punjab National Bank shares rise up to 6%; here’s why
REC and PNB will co-finance loans worth ₹55,000 crore over the next three years to the power sector and infrastructure & logistics sector projects.
Centre refills 4 PSB board seats with women directors
Men directors have been replaced with women directors on boards of 4 out of 7 public sector banks.
PNB sells entire stake in ARCIL to Avenue India Resurgence
The PSU lender has sold its entire 10.01% stake in the asset reconstruction company in a cash transaction.
