PNB Housing Finance Exhibits Strong Stock Performance, Outpacing Sector Trends

May 02 2025 09:35 AM IST
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PNB Housing Finance experienced notable stock activity on May 2, 2025, with significant intraday gains. The stock is trading above key moving averages, reflecting a strong upward trend. Over various time frames, it has outperformed the broader market, showcasing its strong position in the finance-housing sector.
PNB Housing Finance has shown significant activity today, with its stock price increasing by 7.32% on May 2, 2025. The stock opened with a notable gain of 5.84% and reached an intraday high of Rs 1,086.1, reflecting a rise of 7.53%. This performance has allowed PNB Housing Finance to outperform its sector by 5.96%.

In terms of moving averages, PNB Housing Finance is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend in its price performance. Over various time frames, the stock has demonstrated impressive returns: it has gained 11.35% over the past week, 16.80% over the past month, and 34.84% over the past year, significantly outpacing the Sensex, which has risen by 0.89%, 5.67%, and 8.51% in the same periods, respectively.

Overall, PNB Housing Finance's robust performance metrics highlight its strong position in the finance-housing sector, contributing to its large-cap status in the market.
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