The stock outperformed the market over the past one month, rising 15.29% compared with 1.96% increase in the Sensex.

The scrip outperformed the market in past one quarter, climbing 8.20% compared with 6.20% increase in the Sensex.

The scrip outperformed the market in past one year, rising 94.37% compared with 12.08% increase in the Sensex.

On the technical front, the stock's daily RSI (relative strength index) stood at 67.35. The RSI oscillates between zero and 100. Traditionally, the RSI is considered overbought when above 70 and oversold when below 30.

On the daily chart, the stock was trading above its 50-day, 100-day and 200-day simple moving average (SMA) placed at 453.03, 460.35 and 405.13, respectively. These levels will act as crucial support zones in near term.

PNB Housing Finance is a deposit-accepting housing finance company, with second largest deposits outstanding within housing finance companies. The company provides housing loans to individuals for purchase, construction, repair, and upgrade of houses.

PNB Housing Finance posted 64.7% surge in consolidated net profit to Rs 279.28 crore in Q4 FY23 as against Rs 169.54 crore in Q4 FY22. Total income rose 14.9% to Rs 1,637.72 crore in the fourth quarter from Rs 1,425.83 crore in the corresponding year last year.