PNB Housing Finance Share Price Crash After CEO Resignation: What It Means for Investors

Breaking: PNB Housing Finance Stock Plunges 10%—CEO Girish Kousgi Steps Down

In a dramatic turn of events, PNB Housing Finance witnessed a sharp 10.5% drop in its share price on August 1, 2025, following the resignation of its Managing Director and CEO, Girish Kousgi. The stock hit its lower price band at ₹883.10, down from a recent high of ₹1,200, wiping out nearly ₹103 per share in value.

This sudden leadership change has sent shockwaves through the market, triggering investor anxiety and sparking widespread media coverage. But what does this mean for the company’s future—and should investors be worried?

Market Reaction and Real-Time Data

• Current Price: ₹883.10

• Previous Close: ₹986.20

• 52-Week High: ₹1,202.20

• 52-Week Low: ₹746.70

• Market Cap: ₹257,014 Crore

• Dividend Yield: 0.51%

• P/E Ratio: 11.26

Despite strong financials and a recent dividend announcement of ₹5 per share, the resignation has overshadowed the company’s performance, leading to a 26% drop from its peak.

Strategic Growth Under Girish Kousgi

Girish Kousgi took charge in October 2022, and under his leadership, PNB Housing Finance saw its stock triple in value, rising from ₹370 to ₹1,200. His tenure marked a phase of strategic transformation, with notable improvements in:

• Net Profit: ₹1,936.14 Crore (FY25) vs ₹1,508.01 Crore (FY24)

• EPS: ₹74.52 vs ₹58.37

• Retail Loan Growth: 18% YoY

• Affordable Segment Growth: 143% YoY

His departure, effective October 28, 2025, is said to be for “personal career opportunities”. However, the timing and abrupt nature have raised concerns about continuity and investor confidence.

Why This Is Trending Right Now

Real-Time Momentum

• Google Trends shows a 300% spike in searches for “PNB Housing Finance share price” and “Girish Kousgi resignation” in the last 24 hours.

• News outlets are running continuous coverage.

• Brokerage firms have revised their target price from ₹1,300 to ₹1,100, though they maintain a “Buy” rating.

Investor Sentiment

• Market experts have flagged the stock as a short-term “Sell” due to leadership uncertainty.

• The resignation has triggered technical weakness, with analysts predicting further downside to ₹950 levels.

What Investors Should Watch

CEO Succession Plan

PNB Housing Finance has announced that it will initiate a transparent and merit-based selection process to appoint a new CEO. Until then, the lack of clarity may continue to weigh on the stock.

Dividend and Financial Health

Despite the crash, the company remains financially robust:

• Final Dividend: ₹5 per share

• Revenue Growth: ₹7,665.35 Crore (FY25)

• Net Interest Income: ₹760 Crore (Q1FY26)

• Gross NPA: Improved to 1.06% from 1.35%

These metrics suggest that the fundamentals are intact, even if sentiment is shaken.

FAQ Section

Q1: Why did PNB Housing Finance shares crash?
A: The stock dropped over 10% following the resignation of CEO Girish Kousgi, triggering investor uncertainty.

Q2: Is this a good time to buy PNB Housing Finance stock?
A: Brokerage firms maintain a “Buy” rating but have lowered their target price. Short-term volatility is expected.

Q3: When is the CEO officially stepping down?
A: Girish Kousgi will exit on October 28, 2025, after business hours.

Q4: What are the company’s financial highlights?
A: Net profit of ₹1,936.14 Crore, EPS of ₹74.52, and a final dividend of ₹5 per share.

Q5: What’s the future outlook for PNB Housing Finance?
A: The company remains committed to its strategic growth and is actively seeking a new CEO to ensure continuity.

Conclusion: Final Thought

The resignation of Girish Kousgi has undoubtedly rattled the market, but it’s not the end of the road for PNB Housing Finance. With strong financials, a resilient business model, and a clear succession plan in motion, the company has the potential to bounce back.

For investors, this is a moment of caution—but also an opportunity. As the dust settles and leadership stabilizes, PNB Housing Finance could once again prove its mettle in the housing finance sector.