PNB Housing Finance Faces Continued Decline Amid Broader Market Challenges
PNB Housing Finance has faced a significant decline, losing 11.07% over four days and trading below key moving averages. On February 12, 2025, the stock fell 3.51%, reaching an intraday low of Rs 803.5, while the broader market showed a smaller decline. The stock's performance contrasts with the Sensex's recent trends.
PNB Housing Finance has experienced a notable decline of 3.51% on February 12, 2025, continuing a downward trend that has seen the stock lose 11.07% over the past four days. The stock's performance today slightly outperformed its sector, which fell by 3.74%. However, PNB Housing Finance's recent trajectory indicates a struggle, as it is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.During the trading session, the stock reached an intraday low of Rs 803.5, reflecting a decrease of 2.96%. In terms of broader market performance, PNB Housing Finance's one-day decline of 3.21% contrasts with the Sensex, which fell by 1.08%. Over the past month, the stock has decreased by 6.25%, while the Sensex has shown a smaller decline of 2.47%. These metrics highlight the challenges faced by PNB Housing Finance within the current market landscape.
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