Trending stocks: PNB Housing Finance shares gain 3%

NEW DELHI: Shares of PNB Housing Finance traded 2.86 per cent up in Tuesday 's trade at 09:54 am (IST).

Around 201036 shares changed hands on the counter. The stock opened at Rs 169.05 and touched an intraday high and low of Rs 169.05 and Rs 165.2 , respectively, in the session so far.

The stock quoted a 52-week high of Rs 1038.95 and a 52-week low of Rs 147.9 .

In an industry that appears to have lately painted itself into a corner, credentialed names in India’s non-bank lending — Cholamandalam Finance, Mahindra Finance, PNB Housing — are able to find bulge-bracket backers overseas at a time when funds have largely locked themselves out of the emerging markets.

Financials

PNB Housing Finance Ltd., incorporated in the year 1988, is a Mid Cap company (having a market cap of Rs 2717.90 Crore) operating in NBFC sector.

For the quarter ended 31-12-2019, the company reported a Consolidated sales of Rs 2074.76 Crore, down -6.95 % from last quarter Sales of Rs 2229.71 Crore and down -.14 % from last year same quarter Sales of Rs 2077.74 Crore Company reported net profit after tax of Rs 237.02 Crore in latest quarter.

PNB Housing Finance Ltd. key Products/Revenue Segments include Interest which contributed Rs 6788.32 Crore to Sales Value (90.74 % of Total Sales), Income From Financial Services which contributed Rs 308.09 Crore to Sales Value (4.11 % of Total Sales), Fees & Other Charges which contributed Rs 258.69 Crore to Sales Value (3.45 % of Total Sales) and Income From Sale Of Share & Securities which contributed Rs 125.76 Crore to Sales Value (1.68 % of Total Sales)for the year ending 31-Mar-2019.


Valuation ratio
It quoted a price-to-earnings ratio of 2.21 and price to book value of 0.37 .