PNB Housing Finance anticipates strong loan portfolio expansion of 18-20 percent this fiscal year. The company aims to reach a significant loan book of one lakh crore rupees by FY27. This growth will be fueled by a strategic focus on affordable and emerging market segments. Recoveries from written-off loans are expected to maintain benign credit costs.
Negative Breakout: These 7 stocks cross below their 200 DMAs
In the Nifty500 pack, seven stocks’ close prices crossed below their 200 DMA (Daily Moving Averages) on April 22, according to stockedge.com’s technical scan data.