PNB Housing Finance Sees Surge in Trading Activity Amidst Increased Investor Participation

PNB Housing Finance Ltd, a small-cap player in the housing finance sector, has emerged as one of the most active equities today, with a total traded volume of 3,602,006 shares and a total traded value of approximately Rs 28,745.81 lakhs. The stock opened at Rs 788.4 and reached an intraday high of Rs 808, reflecting a 2.77% increase from the previous close of Rs 786.2. As of the latest update, the last traded price stands at Rs 805.45.
In terms of performance, PNB Housing Finance has outperformed its sector by 0.78% and has shown a consecutive gain over the last two days, yielding a total return of 4.78% during this period. The stock's delivery volume on August 18 was notably high at 1,672,000 shares, marking a 78.48% increase compared to the five-day average delivery volume, indicating rising investor participation.

While the stock is currently trading above its five-day moving averages, it remains below its 20-day, 50-day, 100-day, and 200-day moving averages. With a market capitalization of Rs 20,628 crore, PNB Housing Finance continues to demonstrate significant liquidity, suitable for trades around Rs 2.84 crore based on 2% of the five-day average traded value. Overall, PNB Housing Finance's performance today reflects a robust activity level within the housing finance industry.