PNB Housing Finance Ltd
NSE:PNBHOUSING
During the last 3 months PNB Housing Finance Ltd insiders have not bought any shares, and have not sold any shares. The stock price has increased by 14% over this period (open performance analysis).
The last transaction was made on
Jun 22, 2021
by
Mukesh Agarwal
(Chief Executive Officer)
, who
sold
148k INR
worth of PNBHOUSING shares.
During the last 3 months PNB Housing Finance Ltd insiders have not bought any shares, and have not sold any shares. The stock price has increased by 14% over this period (open performance analysis).
The last transaction was made on
Jun 22, 2021
by
Mukesh Agarwal
(Chief Executive Officer)
, who
sold
148k INR
worth of PNBHOUSING shares.
PNB Housing Finance Ltd
Glance View
PNB Housing Finance Ltd., a prominent player in India's housing finance sector, has carved its niche by focusing on providing housing loans to a diverse clientele, including both retail and corporate customers. The company was initially set up as a subsidiary of Punjab National Bank, one of India’s leading governmental banks. However, it has evolved into a significant entity in its own right, with the objective of addressing India's burgeoning demand for affordable housing. This company primarily generates revenue through the interest and fees on its housing loans, which form the core of its business. By tapping into the robust Indian real estate market, PNB Housing Finance Ltd. facilitates homeownership dreams, bridging the gap between financial aspirations and reality. The operational model of PNB Housing Finance Ltd. centers around sourcing funds from the market, primarily through short- and long-term borrowings, and then judiciously lending those funds to home buyers. The margins it earns from the difference between the interest it pays on these borrowings and the interest it charges its customers are critical to its profitability. Additionally, it focuses on efficient asset management to maintain a healthy loan book while diligently managing risks associated with borrowers' credit profiles. Over the years, this model has not only secured financial growth but also positioned the firm as a reliable institution in the financial services spectrum, contributing to India's housing finance ecosystem with a steadfast commitment to transparency and customer satisfaction.
What is Insider Trading?
Insider trading refers to the buying or selling of a company’s stock by individuals with access to non-public, material information about the company.
While legal insider trading occurs when insiders follow disclosure rules, illegal insider trading involves trading based on confidential information and is prohibited by law.
Why is Insider Trading Important?
It isn't a coincidence that corporate executives seem to always buy at the right times. After all, they have access to every bit of company information you could ever want.
However, the fact that company executives have unique insights doesn't mean that individual investors are always left in the dark. Insider trading data is out there for all who want to use it.
Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.
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