Trending stocks: PNB Housing Finance shares down over 3%

NEW DELHI: Shares of PNB Housing Finance Ltd. traded 3.67 per cent down in Friday's trade at 12:45PM (IST). Around 40,759 shares changed hands on the counter.

The scrip opened at Rs 217.0 and touched an intraday high and low of Rs 217.0 and Rs 207.95, respectively, in the session so far. Shares of the company of PNB Housing Finance Ltd. quoted a 52-week high of Rs 788.5 and a 52-week low of Rs 146.0.

Total market cap of the PNB Housing Finance Ltd. stood at Rs 3515.11 crore at the time of writing this report.

Key Financials
The company reported consolidated sales of Rs 1946.44 crore for the quarter ended 31-Mar-2020, down 6.18 per cent from previous quarter's Rs 2074.76 crore and down 9.27 per cent from the year-ago quarter's Rs 2145.21 crore.

Shareholding pattern
As of 31-Mar-2020, domestic institutional investors held 3.78 per cent stake in the company, while foreign institutional investors held 21.8 per cent and the promoters 32.65 per cent.


Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 5.44 and a price-to-book ratio of 0.44. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

PNB Housing Finance Ltd. belongs to the NBFC - Housing industry.