On August 1, 2025, the stock saw a dramatic fall, plunging by nearly 18% to around ₹808 per share.
If you’ve been tracking the latest share price trend or wondering “why is PNB Housing Finance share price down today,” you’re certainly not alone. This steep decline has many people worried, confused, and looking for answers.
Why Did PNB Housing Finance Shares Crash?
The primary trigger for this sharp drop was the unexpected resignation of Mr. Girish Kousgi, Managing Director and CEO of PNB Housing Finance.
His departure, set for October 28, 2025, sparked concerns among investors about the company’s future leadership and stability. Investor sentiment soured quickly, resulting in a heavy sell-off.
The stock even hit its lower trading circuit in early morning trade, highlighting the panic in the market.
Key Highlights: Share Price and Performance
- Current Price (Aug 1, 2025): Around ₹808 per share, down from the previous close of ₹986.80.
- 1 Week Performance: Down 19.82% a tough period for any shareholder.
- 1 Month Change: Down approximately 25%, eroding recent gains.
- Year-to-Date Return: Now negative, with the stock underperforming the housing finance sector overall.
The stock is now trading close to its 52-week low of ₹746.10 and far below its 52-week high of ₹1,201.45. To make matters worse, PNB Housing Finance shares have fallen below all major moving averages, signaling a strong downtrend.
Why Are Investors Reacting So Strongly?
Management changes always create uncertainty, but the CEO’s resignation comes at a critical time.
Mr. Kousgi had been pivotal in driving PNB Housing Finance’s strategy and growth. The sudden leadership transition left many retail and institutional investors questioning the company’s direction and continuity.
Emotions are running high in the market, with phrases like “sell-off,” “panic,” and “steepest drop in years” capturing the mood. It’s understandable when the future looks uncertain; fear can quickly take over.
Is There Any Silver Lining?
Despite the crash, the company reported solid financials in the latest quarter:
- Net Profit Q1 FY26: ₹534 crore, up 23% year-on-year.
- Net Interest Income: Grew by 17% to ₹760 crore.
- Asset Quality: Gross NPA improved, dropping to 1.06% from 1.3% last year.
The board has reassured investors, promising a transparent and merit-based process for selecting a CEO and reiterating its confidence in the company’s business fundamentals and growth trajectory.
Also, the board has announced a final dividend of ₹5 per share, with the ex-date (August 1, 2025) coinciding with this turbulent trading session, something positive for long-term shareholders.
Disclaimer: This article is for informational purposes only. All investments carry risks. Always do your own research or consult a financial advisor before making any decision. For our readers following halal investing principles, please note that this stock may not be Shariah-compliant. Verify with a qualified Islamic finance expert before investing.
