Shares of PNB Housing Finance were trading at Rs 1,079.15 on the NSE at 2:43 PM, up 7.61% from the previous close.
The stock opened at ₹972.35 and surged to a day high of ₹1,088.70, marking a substantial intraday gain. However, it also saw a low of ₹959.75 before recovering. The stock showed considerable activity with a high trading volume of 59,47,391 shares so far. Compared to the previous close of ₹1,002.80, the stock demonstrated notable price movement throughout the day.
This strong rise comes amid broad market confidence, however, the exact reason for PNB Housing Finance’s massive gain was not immediately clear. Investors will be looking for signs if the stock can continue its momentum in the following sessions.
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