Trump’s tariff moves, coupled with weak Q1 earnings, weighed on domestic equities in August, pulling the BSE 500 index down nearly 2% during the month.. The gloom on D-Street was evident as 360 stocks in the broader index ended lower, with 65 names plunging up to 24%. PSU, infrastructure, and energy stocks bore the brunt,…
Kolkata: Shares of PNB Housing Finance declined more than 17% Friday, in its worst fall since October 2018, after the sudden resignation of chief executive Girish Kousgi, who has built for himself a reputation of turning around struggling mortgage lenders. He would leave the organisation on October 28, as per the firm’s exchange filing. His…
PNB Finance and Industries Limited:Â Global brokerage UBS has started coverage on PNB Housing Finance with a ‘Buy’ rating and a target price of Rs 1,300, representing a 17 per cent potential upside from Thursday’s closing of Rs 1,110.6. The company mentioned that top asset under management (AUM) growth, better loan mix, and product diversification were…