PNB Housing Shares Crash 10% After Q3 Results Miss Market Expectations

• PNB Housing Finance shares plummeted by 10% to ₹837.5 on Thursday following disappointing Q3 results.
• Net Interest Income (NII), Pre-Provision Profit (PPOP), and Disbursement Growth all fell short of market estimates.
• Management warned of continued pressure on Net Interest Margin (NIM), further dampening investor sentiment.
• A significant 15% drop in disbursements within the affordable housing segment was highlighted as a major negative by analysts.
• The share price is now approximately 25% below its 52-week high of ₹1,141.9.

Why It Matters: PNB Housing Finance shares crashed due to weaker-than-expected Q3 results and concerns over NIM pressure.