
PNB Housing Finance’s roller-coaster journey
Finshots Daily
00:00
P and B Housing Finance's Share Price Doubled
The reserve bank of india stepped in. It said that p and b had enough problems of its own. The central bank effectively barred the parent company from parting with its capital. But then ray of hope, once again. In may twenteen 21, things finally started to look up when carlyle group and a bunch of other investors stepped up. Within a week, p and b housing finances share price doubled. That's right, it went up by hundred %. They were probably just happy to see some money coming into p and b Housing finance. Others weren't happy, including proxy advisery firms that tell shareholders how to vote on certain matters.
Play episode from 02:58
Transcript


