PNB Housing Stock Jumps ₹50 After Ajay Kumar Shukla Appointed MD & CEO

• PNB Housing Finance stock surged by ₹50 after a major management decision.
• Ajay Kumar Shukla has been approved as the new MD and CEO for a 5-year term starting December 18, 2025.
• Shukla brings over 30 years of experience in the housing and mortgage lending sector.
• The stock has risen by approximately 13% in the last three months.
• Domestic Institutional Investors (DIIs) increased their holdings, while Foreign Institutional Investors (FIIs) reduced theirs.

Why It Matters: New leadership and DII confidence signal potential growth for PNB Housing Finance.