Shares Of PNB Housing Finance Fell Over 7.5 Percent In Morning Trade

Shares of PNB Housing Finance fell over 7.5 percent in morning trade as investors reacted to a block deal. Around 2.6 percent equity has exchanged hands in a block deal.

According to a report in The Times of India Quality Investment Holdings, an arm of the PE giant Carlyle, is said to be selling 80 lakh shares of the firm. 

This amounts 4.8% of its equity, for around Rs 1,040 crore with the help of block deals.

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