PNB Housing jumps 7% on a fundraising plan

Shares of PNB Housing Finance jumped nearly 7 percent in Friday’s trade amid reports that the company is looking to raise another $250-300 million through external commercial borrowing by November amid market turmoil and fear of a further squeeze in the liquidity system.
The stock rose 6.7 percent to hit a high of Rs 925 on BSE.

For more information on stock tips
and quick free trial click here > 911 133 9000
Visit http://www.epicresearch.co

Connect with our social media sites

Facebook

Twitter

YouTube

Pinterest

Linkedin

Google+

Follow @Epic_Research

Posted in: Indian Market Tips