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Housing Finance stocks slide; PNB Housing hits fresh all-time low

In the past two months, LIC Housing Finance (down 27 per cent) and PNB Housing Finance (down 19 per cent) have underperformed the market

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2 min read Last Updated : Sep 19 2019 | 12:24 PM IST

Shares of housing finance companies were under pressure on Thursday, with PNB Housing Finance hitting a fresh all-time low, while LIC Housing Finance, down 2 per cent to Rs 383, on the BSE was trading near its five-year low level on growth and assets quality concerns.

PNB Housing Finance also fell 2 per cent to Rs 601, and was trading at its lowest level since listing on November 2016.

In the past two months, LIC Housing Finance (down 27 per cent) and PNB Housing Finance (down 19 per cent) have underperformed the market after reporting weak set of April-June

Topics : PNB Housing Finance Buzzing stocks

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