PNB Housing Finance Stock Declines by -3.02% After Downgrade to 'Hold' by MarketsMOJO

Nov 14 2024 03:35 PM IST
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On November 14, 2024, PNB Housing Finance's stock price declined by -3.02% and was downgraded to 'Hold' by MarketsMojo. The stock has underperformed the sector by -2.53% and has seen a total decline of -9.03% in the past two days. Its moving averages are higher than the 200-day average but lower than the 5-day, 20-day, 50-day, and 100-day averages. Compared to the Sensex, PNB Housing Finance's 1-day and 1-month performances are -2.98% and -9.50%, respectively. Investors are advised to conduct their own research and seek professional advice before making any investment decisions.

PNB Housing Finance, a leading housing finance company in India, has seen a decline in its stock price by -3.02% on November 14, 2024. This comes after the company's stock call was downgraded to 'Hold' by MarketsMOJO.

The stock's performance today has underperformed the sector by -2.53%, indicating a downward trend. This is also the second consecutive day of losses for PNB Housing Finance, with a total decline of -9.03% in this period.

During the day, the stock reached an intraday high of Rs 944.95 (2.27%) and an intraday low of Rs 897 (-2.92%). The stock's moving averages are currently higher than the 200-day moving average, but lower than the 5-day, 20-day, 50-day, and 100-day moving averages.

In comparison to the Sensex, PNB Housing Finance's 1-day performance is -2.98% while the Sensex's performance is -0.14%. Similarly, the 1-month performance of PNB Housing Finance is -9.50% compared to the Sensex's -5.36%.

It is important to note that this article is based on factual information and does not include any external data or sources. It is intended to provide a neutral and informative overview of PNB Housing Finance's recent stock performance. As always, investors are advised to do their own research and consult with a financial advisor before making any investment decisions.
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