India's PNB Housing, LIC Housing drop as Bajaj Housing Finance makes stellar debut

Bajaj Housing Finance

16/09/2024 07:09

** India's LIC Housing Finance  LICH.NS  and PNB Housing
Finance  PNBH.NS  retreat about 6% and 4%, respectively 
    ** Rival Bajaj Housing Finance  BAJO.NS  surges ~128% in
dtrading debut
    ** The "adverse rub off impact" is since rivals have
relatively weak financial and operating parameters, says
Aishvarya Dadheech, founder and CIO at Fident Asset Management

 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))