Buy, Sell or Hold: Motilal Oswal recommends a buy on PNB Housing; YES Securities downgrades Indoco Remedies

Buy, Sell or Hold: Motilal Oswal recommends a buy on PNB Housing; YES Securities downgrades Indoco Remedies

Motilal Oswal maintains a positive outlook on PNB Housing Finance, giving it a ‘Buy’ rating with a target price of Rs 1,230, citing robust franchise expansion and an attractive risk-reward profile. Synopsis Brokerage houses have issued varied stock recommendations for PNB Housing Finance, PI Industries, and Indoco Remedies. Motilal Oswal is optimistic about PNB Housing … Read more

Paytm, Kotak Bank among 5 financial stocks which tick Motilal Oswal’s growth, valuation boxes. Check why – Performance Tracker

Paytm, Kotak Bank among 5 financial stocks which tick Motilal Oswal’s growth, valuation boxes. Check why – Performance Tracker

While earnings season has started, HDFC Bank’s earnings on Saturday, April, 19, 2025 will be a curtain raiser for the BFSI pack. Brokerage Motilal Oswal FInancial Services (MOFSL) remains bullish on banks, expecting outperformance. NBFCs could pivot back to growth, it said. Based on reasonable valuations and a healthy growth outlook, MOFSL has curated a … Read more

General Atlantic set to sell up to 5.1% stake in PNB Housing via open market on Wednesday

General Atlantic set to sell up to 5.1% stake in PNB Housing via open market on Wednesday

Mumbai: General Atlantic is set to sell up to a 5.1% stake in PNB Housing Finance through an open market transaction on Wednesday. According to a term sheet issued by IIFL Securities, General Atlantic Singapore Fund FII Pte will sell 1.33 crore shares at a floor price of Rs 775 apiece, aiming to raise Rs … Read more

Disappointed with Budget? Hunt for stocks in these 10 sectors

Disappointed with Budget? Hunt for stocks in these 10 sectors

Aimed at the trinity of fiscal prudence, investment, and growth momentum, the Union Budget saw the introduction of employment incentives and a simplified income tax regime, which should boost consumption. Investors were, however, caught off guard due to the increase in LTCG and STCG tax rates, leading to a knee-jerk reaction on D-Street. “While the … Read more

Q4 results this week: Adani group to lead as 211 companies will declare earnings

Q4 results this week: Adani group to lead as 211 companies will declare earnings

With the fourth quarter earnings underway, as many as 211 companies will announce their quarterly results this week with some major names in the mix. Investors will be particularly watching out for some major earnings of Kotak Mahindra Bank, DMart, Ultratech Cement, Indian Oil, Adani Energy, Adani Power, Ambuja Cements, Adani Wilmar, Adani Enterprises, Coal … Read more

Omkara ARC buys Joyous’ Rs 784-crore PNB Housing loan

Omkara ARC buys Joyous’ Rs 784-crore PNB Housing loan

Mumbai: Omkara ARC has acquired ₹784-crore loan outstanding from PNB Housing Finance of Joyous Housing Limited. The transaction happened at par and helped the mortgage lender in resolving a significant non-performing asset. Omkara ARC bought the account in an all-cash deal, said two people aware of the development. PNB Housing Finance had announced the successful … Read more

Ahead of Market: 10 things that will decide D-Street action on Friday

Ahead of Market: 10 things that will decide D-Street action on Friday

Equity benchmark indices Sensex and Nifty ended lower in highly volatile trade on Thursday due to selling in banking, metal and energy counters amid a mixed trend in the global markets. Falling for the second day in a row, the 30-share BSE Sensex declined 194 points to settle at 62,428.54. Nifty ended below 18,500, while … Read more

Ahead of Market: 10 things that will decide stock action on Monday

Ahead of Market: 10 things that will decide stock action on Monday

As global cues turned negative and concerns over continued monetary tightening weighed, Indian indices ended Friday’s session on a weak note. Nifty ended over 0.5% lower at 17,944, while Sensex also lost 0.52% to close at 61,002.5. Broader markets, meanwhile, underperformed their headline peers, with Nifty Midcap 100 falling 0.8%. Here’s how analysts read the … Read more

Why influence PNB Housing’s meeting: SAT to Sebi

Why influence PNB Housing’s meeting: SAT to Sebi

(This story originally appeared in on Jul 14, 2021) MUMBAI: The Securities Appellate Tribunal (SAT) on Tuesday pulled up markets regulator Sebi for trying to pre-empt the outcome of the shareholders’ meeting on June 22. Questioning Sebi’s decision to halt an extraordinary general meeting (EGM) of Housing, the tribunal asked whether it was fair for … Read more

PNB Housing Finance yet to detail timeline for proposed Rs 1,800-crore equity raising plan

PNB Housing Finance yet to detail timeline for proposed Rs 1,800-crore equity raising plan

Kolkata: is yet to detail the timelines on a proposed Rs 1,800-crore equity raising plan even two months after its promoter Punjab National Bank declined to infuse capital into it. “I would not be able to comment on the large shareholders, or any of the entities who would like to come about in terms of … Read more