CMP: ₹912.05 (+3.06%)
Day’s High: ₹916.50
PNB Housing Finance shares climbed 3.06% in today’s session after the company announced ambitious growth plans for its retail loan book. The stock traded at a high of ₹916.50, reflecting positive investor sentiment.
Key Highlights:
- Retail Loan Book Growth: PNB Housing Finance has set an ambitious target to grow its retail loan book to ₹1 lakh crore by FY27, a significant leap in its growth trajectory.
- Retail Credit Demand: The company anticipates retail credit demand to rise by 17%, driven by an increase in housing and consumer financing needs.
This announcement aligns with PNB Housing Finance’s strategic focus on retail growth and is expected to enhance its market share and profitability in the housing finance sector.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Please consult a financial advisor before making investment decisions.
