Articles for tag: CEO resignation, market reaction,

Rajiv Sharma

Business
Why PNB Housing Finance Shares Crashed

Why PNB Housing Finance Shares Crashed

On August 1, shares of PNB Housing Finance experienced a significant crash following the announcement of CEO Girish Kausgikar’s resignation. The reasons behind Kausgikar’s departure remain unclear, as the company has only confirmed that he has stepped down from his role as the head of PNB Housing Finance. The board has accepted his resignation, raising ...

Rajiv Sharma

Business
Better to exit this stock

Better to exit this stock

In recent market developments, Hudco (Housing and Urban Development Corporation) has experienced a significant drop in its share prices, plummeting by nearly 9%. This downturn has raised concerns among investors who are closely monitoring the situation. Understanding the reasons behind this decline and exploring potential strategies for investors becomes crucial in navigating this turbulent period. ...