PNB Housing Finance : HDFC Fin no more dominatingMerger of HDFC (Finance) with HDFC Bank paved the way for other Housing Finance Companies like LIC Housing Finance and PNB Housing Finance and other peer group companies.
Performance of these companies is a function of Interest Rates, Real Estate Inventory in Metros and B Grade Towns. That is why these are subject to volatility and unpredictable Price Swings.
From Price Action perspective, PNB Housing Finance can be a good Fractal Play.