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PNB Housing shares decline 6% after Q1 earnings miss estimates

Updated : July 31, 2019 10:12 AM IST

Jefferies said that although the company’s first-quarter profit rose, it missed estimates due to lower net interest income.
The brokerage house has also revised its stance on the stock to "hold" with price target revised to Rs 785 per share from Rs 795 per share.
PNB Housing shares decline 6% after Q1 earnings miss estimates

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