PNB Housing Finance shares fell sharply after MD & CEO Girish Kousgi’s resignation announcement. The company is initiating a search for a new leader. New Delhi, Aug 1 (PTI) Shares of PNB Housing Finance tumbled 18 per cent on Friday after its Managing Director and Chief Executive Officer Girish Kousgi announced his resignation and said
Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the market average. And the truth is, you can make significant gains if you buy good quality businesses at the right price. To wit, the Westpac Banking share price has climbed 93% in five years, easily
Generally speaking long term investing is the way to go. But that doesn’t mean long term investors can avoid big losses. Zooming in on an example, the NFON AG (ETR:NFN) share price dropped 50% in the last half decade. We certainly feel for shareholders who bought near the top. In contrast, the stock price has
Stock pickers are generally looking for stocks that will outperform the broader market. Buying under-rated businesses is one path to excess returns. For example, long term Oversea-Chinese Banking Corporation Limited (SGX:O39) shareholders have enjoyed a 78% share price rise over the last half decade, well in excess of the market return of around 24% (not
There have been a few high-profile stock splits this year, most recently O’Reilly Automotive. A number of stocks now have share prices over $1,000. If the bull market continues, we’re likely to see some more stock splits. 10 stocks we like better than Costco Wholesale › Few things garner attention for a stock as much
The Muthoot Finance share price has been in the limelight after the RBI‘s final gold loan norms relaxed some of the tighter norms proposed in the draft. The stock ended the session with nearly 4% gains. The stock is Jefferies preferred pick in this space. The international brokerage house has a price target of Rs
Shares of L&T Finance are in news today after the non-banking financial major raised Rs 1,500 crore via the issuance of senior, secured, rated, listed, redeemable NCDs. L&T Finance shares ended 1.20% lower at Rs 172.25 on Tuesday against the previous clsoe of Rs 174.35 on BSE. Market cap of the firm stood at Rs
AGNC Investment recently declared a $0.12 per share dividend, with preferred dividends also announced, highlighting their commitment to shareholder payouts. Despite this, the company’s stock saw a price decline of 8%, aligning with a broader market downturn where the Dow Jones fell amidst tariff uncertainties. The firm’s earnings announcement and lack of buyback activity likely