homemarket Newsstocks NewsAdd HDFC or Can Fin Homes; accumulate PNB Housing Finance if you get opportunity, says Complete Circle Consultants

Add HDFC or Can Fin Homes; accumulate PNB Housing Finance if you get opportunity, says Complete Circle Consultants

Gurmeet Chadha, co-founder and CEO, Complete Circle Consultants, shared his views on PNB Housing Finance.

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By Latha Venkatesh  May 31, 2021 5:13:34 PM IST (Published)

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PNB Housing Finance is locked in 20 percent upper circuit post its fundraising plans.

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Gurmeet Chadha, co-founder and CEO, Complete Circle Consultants, shared his views.
“I am in general positive. The entire space will grow. The entire space looks pretty exciting over the medium-term to long-term,” he said in an interview with CNBC-TV18.
“If you get an opportunity to accumulate this over the next three-six months, it is something you can add after HDFC or Can Fin Homes,” he shared.
“There is a housing revival, they will be focused on the affordable housing segment and you have something like PNB with change in management, with great valuations,” he added.
PNB has a great presence. They are in nearly 65 cities, 105 branches and they have the muscle power to scale the home loan business, he said.
For the full interview, watch the accompanying video

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