PNB Housing Finance Share Price Crashes 17% as CEO Resigns – What to Do Now?
Uncertainty can arise in the world of stock market at any time, and we saw a big example of this uncertainty on August 1 when PNB Housing Finance share price fell 17% in a single day. This fall was seen when the company’s MD & CEO Girish Kousgi resigned from his post. This was an emotional moment for investors because the company had shown tremendous growth in the last few years. Now the question arises that why PNB Housing Finance is falling and how should traders react in this situation?
Why PNB Housing Finance is Falling?
When the top leader of a big company resigns during his term, uncertainty naturally increases in the market. The same happened in the case of PNB Housing Finance. According to the company’s press release, Girish Kousgi will officially leave his role by 28 October 2025. Kousgi joined in October 2022, and during his tenure the company’s shares saw a rally of up to 200%. But his sudden exit has had a big impact on the confidence of investors.
The market feels that this sudden change in leadership has raised questions on the company’s future stability and business plans. Due to this, panic-selling was seen in the share market and the stock fell by 17% in a single day.
Reaction of PNB Housing Finance Board
The company said in its official filing that its business fundamentals and strategic priorities are absolutely intact. The management believes that the company will grow in the future on the basis of the strong foundation built by Kousgi. The board clarified that an experienced professional will be appointed soon so that there is no leadership vacuum.
The board described its team as high-performing and said that the focus on robust growth, healthy asset quality and margins will continue. But still, investor sentiment has turned negative in the short-term, which is clearly reflected in the fall in share price.
PNB Housing Finance Share Price – What to do now?
On 1 August, PNB Housing Finance share price fell to ₹819.25, which after hitting a lower circuit on the BSE, fell further. According to market data, the selling pressure was so high that there were four times more sell orders than buy orders.
Market expert Anshul Jain said that the stock has broken its important support level of ₹990 and the volume has also spiked by 1,176%. This is a clear signal that panic-driven exits are taking place in the market. According to Jain’s analysis, if the selling pressure continues, the next major support level will be formed around ₹751. Meaning, there is a risk of the stock falling further in the short-term.
But for those who are long-term investors, it is a wait-and-watch situation. If you are already invested, it may be a mistake to sell in panic. The fundamentals of the company are still strong, and according to the management, their growth plans are intact. There is volatility in the short-term, but it is important to have patience for the long-term view.
PNB Housing Finance Q1 Results – Positive Numbers Despite Crisis
Despite the leadership crisis, PNB Housing Finance has given some confidence to investors with its quarterly numbers. The result for Q1 FY26, which ended on June 30, 2025, was quite strong. The company earned a profit of ₹534 crore, which is almost 23% more than the ₹433 crore of the previous year.
During this period, the total income of the company also increased to ₹2,082 crore, whereas a year ago it was ₹1,832 crore. Interest income increased to ₹1,980 crore and net interest income jumped 17% to ₹760 crore. One thing is clear from these numbers – despite the tension of leadership change, the business model of the company is stable and this is considered a positive sign for long-term investors.
PNB Housing Finance Share Price Target – What to Expect Next?
The biggest question today is what will be the PNB Housing Finance share price target? According to market experts, the stock can fall further to ₹ 751 in the short-term if the selling pressure continues. But if a new CEO is appointed soon and the company’s confidence is restored, then share price recovery is also possible.
The safest approach for investors would be to not take too much risk in short-term trading and hold their positions patiently for the long-term. The fundamentals are strong, and if the leadership issue is resolved, the company can again come on the growth track.
Conclusion
The current scenario of PNB Housing Finance teaches us that the stock market is not just driven by numbers, but also by leadership and investor confidence. A CEO’s sudden resignation can be a big shock for investors, but it does not mean that the company’s long-term prospects are over.
There will definitely be volatility in the short-term, but for those investors who wait patiently, the chances of long-term returns still look positive.
Disclaimer:
This article is for information purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of usnewsweeks. We advise investors to check with certified experts before making any investment decisions.
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