Barring PNB Housing Finance, other housing finance stocks indicate weakness, with selling pressure to mount further if crucial levels are breached.
With the re-classification, the promoter shareholding in the company has been reduced to nil from 9.6 per cent
Stocks to Watch: Shares of restaurant and travel related firms are likely to be in foucs as government ups the ante to keep the new variant of Coivd-19 virus at bay.
IHFL's balance sheet and AUM have stabilised and the base has been formed for 10% YoY growth in loans this financial year
Impairments on financial instruments double YoY; income from operations almost flat at Rs 2,229.7 cr
Shares of LIC Housing Finance today slipped below the 200-WMA after falling over 10 per cent. Now, four out of five leading housing finance stocks are trading below the 200-WMA.