India's PNB Housing Finance at 6-yr high on plan for 25 bln-rupee NCD issue

Can Fin Homes

05/09/2024 06:55

** PNB Housing Finance  PNBH.NS  rises 4.7% to 1,100.7
rupees, its highest since Sept. 4, 2018
    ** Co says it will consider private placement of non
convertible debentures worth 25 bln rupees ($298 mln)
    ** PNBH last up 2.2%, taking YTD gains to 41% 
    ** In the same period, peers Can Fin Homes  CNFH.NS  and LIC
Housing Finance  LICH.NS  have climbed 14% and 32%, respectively

($1 = 83.9660 Indian rupees)

 (Reporting by Aleef Jahan in Bengaluru)
 ((aleefjahan.cs@thomsonreuters.com))