PNB Housing Finance stocks: Buy PNB Housing Finance, target price Rs 550: JM Financial | Popgen Tech


should buy a call on PNB Housing Finance with a target price of Rs 550.0. The current market price of . it is Rs 422.85.

PNB Housing Finance Ltd., incorporated in the year 1988, is a Mid Cap company (having a market cap of Rs 7139.19 Crore) operating in the NBFC sector.

Major Product/Revenue Segments Ltd. include Interest, Fees and Commission Income, Income from the Sale of Shares and Securities for the year ended 31-Mar-2022.


For the three months ended 30-09-2022, the company reported Consolidated Total Revenue of Rs 1683.43 Crore, an increase of 19.22% from the last quarter Total Revenue of Rs 1411.99 Crore and up 6.12% from the year which passed Total Revenue of the same quarter of Rs 1586 Crore. . The company reported a net profit after tax of Rs 262.63 Crore in the last three months.

The top management of the company includes Mr.Atul Kumar Goel, Ms.Gita Nayyar, Dr.TM Bhasin, Mr.Binod Kumar, Mr.Nilesh S Vikamsey, Mr.R Chandrasekaran, Mr.Kapil Modi, Mr.Neeraj Vyas, Mr. Sunil Kaul, Mr. Sudarshan Sen. Company has BR Maheshwari & Co as its auditors. As on 30-09-2022, the company has a total of 17 Crore shares outstanding.

Promoter/FII Holdings
The promoters held a 32.57 percent stake in the company as of September 30, 2022, while the FIIs held 23.96 percent, DIIs 3.28 percent.

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